U.S. legislators plan to introduce a comprehensive encryption bill in 2022: report


Senator Cynthia Lummis of Wyoming is one of the US legislators behind many pro-encryption legislation, and she plans to introduce a comprehensive bill next year to deal with digital assets.

In a report on Thursday, Bloomberg Say The bill proposed by Lummis aims to provide regulatory clarity for stablecoins, guide regulators to determine which cryptocurrencies belong to different asset classes and provide consumer protection. In addition, according to reports, the US senator proposed to create an organization under the joint jurisdiction of the Securities and Exchange Commission and the Commodity Futures Trading Commission to oversee the crypto market.

On Twitter, Loomis Call Let U.S. voters contact their senators to support the bill, saying that she is looking for co-sponsors from both parties.Senator from Wyoming–despite As a staunch conservative Who voted against the committee investigating the January 6th attack on the U.S. Capitol, rather than impeaching the former president — previously working with Democrats Mark Warner and Kelsten Cinemas to try to “fix” Definition of broker in the Infrastructure Act Signed into law in November.

Any legislation proposed by the Senate may require the support of at least 60 legislators before it can be put to a vote. Currently, the Democrats control 50 of the 100 seats in the Senate, and Vice President Kamala Harris can act as a tiebreaker if needed.

related: Sand line: U.S. Congress is bringing partisan politics to cryptocurrency

A pro-Bitcoin advocate before she was elected to the Senate, Lummis has Announced that she bought Bitcoin (Bitcoin) The value is between US$50,001 and US$100,000, as part of the “Congressional Knowledge Stop Trading Act”.Other members of parliament Report involving investments in cryptocurrencies Including Mary Newman from Illinois, Michael McCall from Texas, Pattumi from Pennsylvania, Barrymore from Alabama, Jefferson Van der Rohe from New Jersey and Michael Waltz from Florida.

On the other side of the mountain, progressive legislator Alexandria Ocasio-Cortez (Alexandria Ocasio-Cortez) recently Scream on social media, Saying that she holds BTC or other digital assets is inappropriate. The Democrat House of Representatives argued that because legislators have access to “sensitive information and upcoming policies,” such investments may affect their impartiality.