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US senators will reintroduce the Responsible Financial Innovation Act next week.
2023-07-07 14:52
Odaily News: US Senators Cynthia Lummis and Kirsten Gillibrand will reintroduce their "Responsible Financial Innovation Act" next Wednesday, as the US Congress continues to discuss the future of regulating digital assets.

Lummis stated, "This legislation is the most comprehensive proposal to date, providing strong consumer protections and addressing the current state of cryptocurrency assets appropriately."

The bill aims to address key issues such as market structure, stablecoin regulation, and taxation. Lummis and Gillibrand first introduced the bill in June 2022. (Fortune)
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