U.S. Senator Cynthia Lammis will introduce legislation in 2022 to provide clarity on cryptocurrency regulation. It is reported by Bloomberg…
The document has been described as “comprehensive”. It is planned to include a number of issues in it – from taxation to consumer protection.
Senior aide Lammis told the publication that the bill, if passed, would provide government agencies with clear guidance on market control. The senator plans to clarify the classification of digital assets and introduce rules for stablecoin issuers.
The initiative also envisions the creation of a supervisory agency responsible for market regulation. The latter will be under joint control SEC and CFTC…
Lammis urged her Twitter followers to appeal to Senators to support the bill. She also noted that she is looking for co-authors who are ready to join the work on the document.
Welcome bipartisan cosponsors! Please encourage your senator to reach out and consider it. https://t.co/ndIfFAkj0L
– Cynthia Lummis 🦬 (@CynthiaMLummis) December 23, 2021
In 2013, Lammis invested in digital gold for the first time and owned 5 BTC at the end of June 2021. In August, she acquired additional cryptocurrency in the amount of $ 50,000 to $ 100,000.
The politician co-authored an amendment to the infrastructure plan, the initial version of which was criticized by the crypto community. Ultimately, however, President Joe Biden signed it unchanged in this respect.
Recall that in December, a group of senators sent a letter to the head of the Ministry of Finance Janet Yellen with an appeal by the end of 2021 to clarify the status of crypto brokers after the adoption of the infrastructure plan.
Among other politicians, Lammis also signed the appeal.
