House Republican Leaders Release Discussion Draft To Draw Clear Lines on Digital Asset Definitions

By CryptoNews - 10 months ago - Reading Time: 1 minutes

House Republican Leaders Release Discussion Draft To Draw Clear Lines on Digital Asset Definitions

Republican lawmakers teamed up in the US House Financial Services Committee and the House Agriculture Committee on a discussion draft to regulate digital assets.
The legislation, released on Friday, seeks clarity on when a digital asset would be considered a security and thereby regulated by the Securities and Exchange Commission, while creating a process on how digital assets are treated and how intermediaries can register with the SEC or Commodity Futures Trading Commission....
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Original source: CryptoNews