why bill is about bitcoin

Last Updated on February 8, 2023 by Paganoto

Senate proposal would give CFTC responsibility for bitcoin …

Senate proposal would give CFTC responsibility for bitcoin …

The bill aims to provide some clarity by deeming as commodities both bitcoin and ethereum, which together account for roughly two-thirds of the cryptocurrency market. That would subject bitcoin and ethereum to regulation by the CFTC, which already oversees futures markets for both.Aug 3, 2022

New cryptocurrency oversight legislation arrives as industry …

New cryptocurrency oversight legislation arrives as industry …

WASHINGTON (AP) — A bipartisan group of senators on Wednesday proposed a bill to regulate cryptocurrencies, the latest attempt by Congress …

US Senate Bill Will Give CFTC Crypto Market Oversight

US Senate Bill Will Give CFTC Crypto Market Oversight

The new bill would grant that authority. The CFTC would be given “exclusive jurisdiction over any account, agreement, contract or transaction …

Key US Senators Introduce Crypto Bill Outlining Sweeping …

Key US Senators Introduce Crypto Bill Outlining Sweeping …

Their bill would liberate small-scale purchases of goods and services from the mire of tax implications by making transactions of less than $200 …

U.S. senators unveil bill to regulate cryptocurrency – Reuters

U.S. senators unveil bill to regulate cryptocurrency – Reuters

The bill, introduced by Republican Senator Cynthia Lummis, one of Congress’ most vocal cryptocurrency advocates, and Democratic Senator …

Bill Gates says crypto and NFTs are based on 'greater fool …

Bill Gates says crypto and NFTs are based on 'greater fool …

Bill Gates says crypto and NFTs are ‘100% based on greater fool theory‘ · Microsoft co-founder Bill Gates said he thinks cryptocurrencies and …

Bill Gates on Bitcoin: 'If you have less money than Elon, watch …

Bill Gates on Bitcoin: 'If you have less money than Elon, watch …

Specifically, Gates said, he’s primarily concerned about the lack of regulation around the cryptocurrency. He highlighted two of the main risks …

A New Congressional Bill Aims To Spur Crypto's Growth – Time

A New Congressional Bill Aims To Spur Crypto's Growth – Time

Tax filing for crypto users can be extremely onerous, and Gillibrand and Lummis’s bill attempts to help ease those difficulties. It stipulates …

Senate bill a step forward for cryptocurrency regulation

Senate bill a step forward for cryptocurrency regulation

The cryptocurrency regulation bill opted to give regulatory authority to the CFTC since digital assets that function more like commodities, …

The Senate's crypto queen has a sweeping new Bitcoin bill

The Senate's crypto queen has a sweeping new Bitcoin bill

In addition to new rules for trading platforms and crypto service providers, the bill is also expected to cover issues relating to cybersecurity …