Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Developing a digital asset framework is among the priorities of the 119th U.S. Congress

Developing a digital asset framework is among the priorities of the 119th U.S. Congress

CointimeCointime2025/01/15 16:56
By:Cointime

On January 15th, Fox Business News reporter Eleanor Terrett posted on X platform that US Senator Tim Scott has just released the priority list for the 119th Congress, which includes establishing a framework for digital assets. The shared document states: "Under the leadership of Chairman Gensler, the US Securities and Exchange Commission (SEC) has refused to provide clear guidance for the cryptocurrency industry, forcing relevant projects to turn to overseas. Looking ahead, the commission will work to build a regulatory framework to establish a dedicated path for the trading and custody of digital assets, to promote consumer choice, education, and protection, and to ensure compliance with any relevant requirements of the Bank Secrecy Act. In addition, the commission will create an open and inclusive environment for new innovative financial technologies and digital asset products that promote financial inclusion, such as stablecoins."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Bitcoin and Ethereum ETFs End 7-Day Positive Entry Streak! Here Are the Details

Bitcoin spot exchange-traded funds (ETFs) ended a positive streak by recording a total net outflow of $457 million on Jan. 27.

Bitcoinsistemi2025/01/28 19:55

A First for Altcoins in the US! ETF Applications Made for 10 Surprise Altcoins Including TRUMP!

Tuttle Capital Management has filed 10 new cryptocurrency ETFs with the SEC.

Bitcoinsistemi2025/01/28 19:55

Ripple CEO Reveals US National Reserve Ideas and Portfolio! Does He Have Bitcoin and Ethereum?

Ripple CEO Bard Garlinghouse explained his ideas on the national reserve.

Bitcoinsistemi2025/01/28 19:55

The Daily: French authorities escalate probe into Binance, US Senate confirms pro-crypto Scott Bessent as Treasury Secretary and more

French authorities have launched a further judicial probe into crypto exchange giant Binance over alleged money laundering, tax fraud, drug trafficking and other charges, Reuters reported on Tuesday.The U.S. Senate confirmed President Trump’s nomination of crypto-friendly Scott Bessent as Treasury Secretary in a 68-29 vote late Monday, succeeding Janet Yellen.

The Block2025/01/28 18:44