US Congress introduces record number of crypto related bills

05/22 08:05

According to Cryptoslate, the current sitting of US Congress has introduced over 80 bills related to cryptocurrency, digital assets, blockchain and tokenization since January 2022,a record high. Former U.S. Regulator with the Federal Deposit Insurance Corporation (FDIC), Jason Brett, has released an article outlining over 50 different digital asset bills introduced to Congress that impact crypto “regulation, blockchain, and CBDC policy.” The bills consist of six different categories: including crypto taxation, central bank digital currency (CBDC), crypto clarity on regulatory treatment of digital assets and digital asset securities, supporting blockchain technology, issues of sanctions and ransomware, and access and limitations on use of crypto by U.S. elected officials.
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