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US Senate pushes landmark crypto‑regulation bill

US Senate pushes landmark crypto‑regulation bill

In a rare bipartisan effort, the U.S. Senate advanced a sweeping crypto‑regulation bill that would establish a federal oversight regime for digital assets, enforce consumer‑protection standards, and clarify tax treatment.

The legislation, slated for debate after the August recess, could finally resolve the regulatory uncertainty that has plagued the industry for years.

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United States Senate United States Senate, Public domain
United States Senate
Upper house of the United States Congress
Cryptocurrency
Digital currency not reliant on a central authority
United States Securities and Exchange Commission
U.S. federal agency that enforces securities laws and regulates securities markets and major market participants (public companies, brokers, exchanges, and asset managers)
Digital Assets Repository
Bibliotheca Alexandrina repository