Bipartisan Crypto Bill Proposes Sweeping Oversight of Digital Assets

Bipartisan Crypto Bill Proposes Sweeping Oversight of Digital Assets
Representations of the virtual currency Bitcoin and Ethereum stand on a motherboard in this picture illustration taken on May 20, 2021. Dado Ruvic/Illustration/Reuters
Tom Ozimek
Updated:
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Two senators—a Democrat and a Republican—will on Tuesday officially unveil a sweeping legislative proposal to regulate cryptocurrencies and other digital assets.

“As a former state treasurer, I am excited by the possibilities of incorporating digital assets into the American financial system. The legislation that @SenGillibrand and I are proposing will do just that,” Sen. Cynthia Lummis (R-Wyo) said in a tweet, referring to Sen. Kirsten Gillibrand (D-N.Y.), co-sponsor of the crypto bill.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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