US Cryptocurrency Act of 2020 introduced by Paul Gosar

US Cryptocurrency Act of 2020 introduced by Paul Gosar

US Rep. Paul Gosar has introduced the ’Cryptocurrency Act of 2020’ which seeks to create a conducive environment for digital assets in the country. Gosar’s proposed bill divides digital assets into three categories - crypto-commodity, crypto-currency, and crypto-security. These would come under the purview of the CFTC, FinCEN, and SEC. The bill classifies Bitcoin as crypto-commodities.

Kathy
Kathy
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