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Senate meeting USA Set up to talk about possible new rules for digital property market Have seen only a few lawmakers.
HearingThe host of the Senate Banking Committee on the Digital Property on June 24th, was intended to look at two -sided ideas so that they can now structure their approach to cryptocurrency markets. However, only five of the eleven members attended.
Those who attended the Republican senators Dave McCormick, Bill Hagerty and Lummis, along with senator Angel Alsobrooks, Democrat.
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Senator Cynthia Lummis, who led a hearing, she said Other meetings of the Committee happening at the same time probably prevented more senators to join. However, she admitted that absence was a problem, especially for the discussion that was to include the contribution of both sides.
The hearing focused on whether Congress should move forward with a law aimed at setting clear rules for the cryptocurrency market.
Senators asked questions of several speakers including Coinbase
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Legal MP, former chairman of the commission trading commission (CFTC), a lawyer from MultiCoin Capital, and a financial policy expert at the University of Pennsylvania.
Lummis said that did not want to improve the proposal of a law that Democrats had no fair chance of shaping. She also noted that the interest in the cryptum was recently moved.
She noted that some people in the administration had family members involved in cryptocurrencies and suggested that it could influence how some legislators look at new rules.
Meanwhile, US federal reserves have announced that they plan to stop using the “risk of reputation” as a basis for bank control. What did the agency say? Read the whole story.
After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
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