Key US Senators Introduce Crypto Bill Outlining Sweeping Plan for Future Rules

The effort from Lummis and Gillibrand, however, is seen in Washington as a starting point for a dialogue that won’t lead anywhere significant before next year. It joins several previous bills that mostly sought to bite off narrow pieces of the cryptocurrency landscape, such as the recent push for stablecoin rules by Sen. Pat Toomey (R-Pa.). It even borrows from some of that work.