The Token Taxonomy Act presented by Representatives Warren Davidson and Darren Soto will help bitcoin and cryptocurrency get acceptance for massive adoption. Share your thought.
Is this a bill that will not recognize cryptocurrency as securities and therefore, if it is adopted, will the SEC no longer have any relation to cryptocurrency in order to establish its not quite logical and rigid rules? I am certainly for such a bill. Maybe after that, bounty hunters will no longer demand to undergo a KYC check.
Only in the topic you need at least a little to describe the essence of the issue under discussion or to give at least a link to the source.
SEC is not involved with cryptocurrencies and decisions that are made about them whatsoever. with or without any law they are still irrelevant. all they do is they can accept or reject things that concern them such as ETFs and similar things that fall under Security and Exchange Commission.