Draft of Lummis-Gillibrand Crypto Bill Expected in April

Senator Kirsten Gillibrand has said a new draft of the bipartisan crypto bill put forward by herself and Senator Cynthia Lummis is expected to be released in April. A new draft of the highly anticipat...

Lummis-Gillibrand Crypto Bill is unlikely to see light this year

Crypto bill introduce by US senators Cynthia Lummis and Kirsten Gillibrand were one of the most proactive cryptocurrency regulation proposals in the United States. However, the pro-crypto regulatory f...

Lummis-Gillibrand Crypto Bill Likely to Remain on Backburner This Year

The pro-crypto regulatory framework proposed by U.S. Senators Cynthia Lummis and Kirsten Gillibrand is unlikely to see the light of day this year. Wyoming Senator Cynthia Lummis said on July 19 that t...

Lummis-Gillibrand crypto bill likely deferred to next year

The major bipartisan crypto bill led by United States Senators Cynthia Lummis (Republican) and Kirsten Gillibrand (Democrat) will most likely be deferred to next year according to the duo. Speaking du...

Lummis-Gillibrand Crypto Bill – An Important Step In Bringing Regulatory Clarity –

SEC has been notable for its aggressive yet unpredictable behavior toward crypto businesses Section 601 of the Responsible Financial Innovation Act creates a structure for regulated stablecoins Pierce...

SEC Chair Says Lummis-Gillibrand Bill Could ‘Undermine’ Market Protections

The chairman of the U.S. Securities and Exchange Commission (SEC) has expressed concerns that the recently proposed US crypto bill by U.S. Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.)...

SEC Chair Gary Gensler Says TradFi Could Be Undermined By Lummis-Gillibrand Crypto Bill

On June 14, Gary Gensler, Chairman of the Securities and Exchange Commission (SEC), showed his concerns saying that the new crypto legislation could undermine current broader market regulations.  The ...

SEC Chair Gary Gensler Claims Lummis-Gillibrand Crypto Bill Undermines TradFi

Securities and Exchange Commission (SEC) Chairman Gary Gensler expressed concerns on June 14 that the new crypto legislation could undermine existing broader market regulations. The reaction was expec...

SEC Chair Gensler Suggests Lummis-Gillibrand Bill May ‘Undermine’ Market Protections

“Frankly, if I can turn away from the legislation, we don’t want to undermine the protections we have in a $100 trillion capital market. You don’t want our current stock exchanges, o...

Lummis-Gillibrand bill is finally here

One can hardly name a document more long-hoped-for as the crypto bill, co-sponsored by United States Senators Cynthia Lummis of Wyoming and Kirsten Gillibrand of New York, was for the crypto community...

After months of hype, Lummis-Gillibrand crypto bill is more media event than law

The introduction of the landmark “Responsible Financial Innovation Act” on June 7 was a big moment for the crypto world. The actual bill, however, has left many in crypto as well as Congress underwhel...

Lummis-Gillibrand bill establishes SEC-CFTC balance of power over crypto markets

The long-awaited Responsible Financial Innovation Act to create a regulatory framework for digital assets was introduced in the United States Senate on Tuesday. The official text of the 69-page docume...