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Breaking Down The New US Senate Crypto Bill | Crypto News
Breaking Down The New US Senate Crypto Bill | Crypto News
In this video, I talk about the recently introduced US Senate Crypto Bill called the Lummis-Gillibrand Responsible Financial Innovation Act or RFIA for short. The bipartisan bill was proposed by Senator Cynthia M. Lummis a republican from Wyoming and Kirsten Gillibrand a New York Democrat, hence the name.
The new bill introduces new regulations, definitions, and clear guidelines for cryptocurrencies within the United States. Most of which would be regulated under the CFTC rather than the SEC if this bill were to pass in or close to its current state.
What were your thoughts on the new crypto bill?
▬▬ Reference links and codes ▬▬▬▬▬▬▬▬
RFIA Section-by-Section Overview:
https://www.lummis.senate.gov/wp-content/uploads/Lummis-Gillibrand-Section-by-Section-Final.pdf
Full leaked Document:
https://twitter.com/bot_slam/status/1533973084889403392
Coindesk Article:
https://www.coindesk.com/policy/2022/06/07/key-us-senators-introduce-bill-outlining-sweeping-plan-for-future-crypto-rules/
Washington Post Article:
https://www.washingtonpost.com/business/2022/06/07/crypto-lummis-gillibrand-regulation/
Binance Referral Code:
https://accounts.binance.us/en/register?ref=52839730
Cash App Referral Code:
https://cash.app/app/XLRJXJX
Join the Giddy waitlist:
https://app.giddy.co/share/YL4iPVEb
Drip Buddy Code:
0x7028117b98F6687D285BDc79DAA95D3D49a00Df4
Drip Buddy Code Faucet Link:
https://drip.community/faucet?buddy=0x7028117b98F6687D285BDc79DAA95D3D49a00Df4/
Buy my NFTs Here:
https://www.explorenft.app/explore/creators/0x7028117b98f6687d285bdc79daa95d3d49a00df4
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https://www.ellipal.com/?rfsn=6354450.6614ce
BEP-20 Tokens tip wallet:
0x7028117b98F6687D285BDc79DAA95D3D49a00Df4
▬▬ Background Music ▬▬▬▬▬▬▬▬▬▬▬▬
Chill Vibes - Cloudscape
▬▬ Legal Disclaimers ▬▬▬▬▬▬▬▬▬▬▬▬
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Disclaimer: I am not currently a licensed financial professional. The videos produced on this channel should not be taken as financial advice. Nothing mentioned in my videos is intended to be a recommendation to purchase or sell any form of assets. Please consult with a licensed financial professional for any form of financial advice. I am not liable for any losses that you may incur from following any form of advice or information given in this video. Please do your own research before investing and trading in any form of assets mentioned here or elsewhere, in order to take full responsibility for your own financial decisions and future returns.
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#cryptonews #crypto #bitcoin
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