Two new bills proposed to Congress offer clarity for Bitcoin exchanges

posted 4 months ago
Regulatory clarity is being sought after by the crypto industry. In leaving the SEC a set of arcane laws to create guidance regarding blockchain tokens, the default of ‘regulation by enforcement’ has left many entrepreneurs dissuaded about the ability to create and develop blockchain technology.

Worse, the ultimate lack of action by all five SEC Commissioners, except ‘Crypto Mom’ Hester Peirce who is fiery in her dissent, has left Congress no choice but to step in and take control of the train wreck that is the U.S. regulatory landscape for crypto.
Tags: bitcoin, blockchain, news