Presidential Candidate Tulsi Gabbard Backs Reintroduction of Bill to Exempt Tokens from SEC

Warren Davidson, arguably crypto’s best friend in Congress, reintroduced the Token Taxonomy Act yesterday. He originally introduced the bill alongside Florida representative Darren Soto last year. It never made it to a vote before the 115th Congress, but Davidson has decided to reintroduce in a Democrat-controlled 116th. The new bill already differs slightly from the original, and lawyer Jake Chervinsky says it might have more changes to come: The Token Taxonomy Act has been re-introduced in the U.S. Congress. This is the first step in a very long legislative process:…

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Congress’s Biggest Bitcoin Bull is Finalizing Bill to Exempt ICOs from Securities Laws

Republican Congressman Warren Davidson, an avowed bitcoin adn blockchain fan, plans to introduce federal legislation that will regulate initial coin offerings (ICO) and cryptocurrencies. The bill would create an “asset class” for tokens, which would prevent them from “being classified as securities, but would also allow the federal government to regulate initial coin offerings more The post Congress’s Biggest Bitcoin Bull is Finalizing Bill to Exempt ICOs from Securities Laws appeared first on CCN

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Congressman Invites Cryptocurrency Industry to ICO Summit to Discuss ‘Light-Touch’ Regulation

A U.S. Congressman has invited 32 cryptocurrency industry organizations to Capitol Hill to discuss initial coin offering (ICO) regulation. Axios reports that the summit, sponsored by Rep. Warren Davidson (R-OH), will take place on Sept. 25 and feature participation from a variety of businesses and non-profits, including Intercontinental Exchange (ICE), Nasdaq, CME Group, Andreessen Horowitz, The post Congressman Invites Cryptocurrency Industry to ICO Summit to Discuss ‘Light-Touch’ Regulation appeared first on CCN

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