Congress Members Seek to Exclude Cryptocurrencies from the Definition of a Security

Congress Members Seek to Exclude Cryptocurrencies from the Definition of a Security
фото показано с : btcmanager.com

2018-12-25 20:00

Regulatory clarity on the legal status of cryptocurrencies may arrive sooner than expected after two members of the U. S. Congress proposed a bill to exempt digital tokens from the definition of traditional securities, reported CNBC on December 20, 2018.

Crypto not a Security The proposed bill excludes digital currencies from the decades-old definition of a security; which applies to a. . . Read More. The post by Shaurya Malwa appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News.

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On Thursday, two congressmen introduced a bill that would exclude digital currencies from the decades-old definition of a security, CNBC reported. The legal definition might seem like an insignificant change, but it has become a heated issue for those in the industry who say the law is outdated for a digital asset class. The “Token […]

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