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Cryptocurrency regulatory bill to be introduced by Senator Lummis next year
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ambcrypto.comThe U.S. is experiencing a cryptocurrency awakening, as both lawmakers and investors are embracing the need for comprehensive regulation of the industry. This has inevitably led to some infighting within the administrative and financial sectors, with the Securities and Exchange Commission (SEC) proving to be an especially tough nut to crack.
Amidst this atmosphere, the pro-crypto Senator from Wyoming, Cynthia Lummis, had divulged plans to introduce a comprehensive bill next year to handle digital assets.
According to a report by Bloomberg, the bill proposed by Lummis will focus on providing regulatory clarity on stablecoins, which have especially been a point of contention within regulators, along with guiding the regulators on the
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