Cynthia Lummis, a Wyoming Republican Senator, has been a prominent figure in the cryptocurrency community due to her positive stance on the subject. She will now reportedly introduce a comprehensive bill next to the matter.
Sen. Cynthia Lummis – a well-known Bitcoin HODLer – will reportedly introduce a cryptocurrency bill next year.It will be covering everything from consumer protections to how crypto is taxed and categorized.The main purpose of the bill would be to provide regulators with clear and concise guidance on which assets belong to various asset classes, to regulate stablecoins, and to protect consumers.Also, the bill would also see the creation of a new organization that would be under the joint jurisdiction of the US Securities and Exchange Commission and the Commodity Futures Trading Commission.CryptoPotato reported that Cynthia Lummis will be serving on the US Senate Banking Committee.Bloomberg reports, though, that the proposed bill would likely face a tough path in the Senate which is split evenly on partisan lines on the matters of cryptocurrency.
Marla Brooks – Financial Analysis
My name is Marla Brooks, and I am the mainstream behind the”observednews.com” for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.