What does the Lummis-Gillibrand Bill mean for crypto?

U.S. Sens. Cynthia Lummis and Kirsten Gillibrand proposed a crypto bill on Tuesday, and the news has taken the world of crypto by storm. As the latest topic for debate, the bill essentially plans to regulate digital assets in the US, through the classification of assets and tax elimination on transactions below $200.

What does Cynthia Lummis' new regulatory bill mean for crypto?

Cynthia Lummis’s long-awaited regulatory bill has arrived,providing legal clarity across multiple major sectors of the crypto industry. Here are the biggest takeaways from the legislation, including info on which cryptos are securities, and taxation of crypto transactions.

Could a new crypto Bill define a conversation about digital asset legislation?

Senators Cynthia Lummis and Kirsten Gillbrand unveiled a new version of their crypto bill, which could define more of the conversation around digital asset legislation. U.S. Senators Cynthia Lummis and Kirsten Gillibrand have developed a second draft of their comprehensive crypto regulation bill.

What is state of crypto?

You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The bill introduced last week by Senators Cynthia Lummis and Kristen Gillibrand builds on a first draft introduced a year ago.