Bi-partisan Bill Aims To Bring Clarity To Crypto Asset Markets
In a rare showing of bipartisanship in Washington, a group of lawmakers from both sides of the aisle in the House of Representatives on Friday introduced a bill to bring a measure of regulatory certainty to the digital assets market. The bill, titled the Digital Asset Market Clarity Act was sponsored by the chair of the House Financial Services Committee French Hill (R-Ariz.). Co-sponsors include the chair and ranking member of the Agriculture Committee, respectively G.T. Thompson (R-Penn.) and Angie Craig (D-Minn.).
The bill would exclude digital commodities sold via investment contract from being…