One of the best signs of democracy fights on the structure of the encryption market
Due to the lack of determination that Congress returns from the holiday for a few weeks, some American legislators already indicate how they plan to address the legislation related to the encoding approved by the House of Representatives in July.
In Sunday MSNBC interview, Sinator Massachusetts Elizabeth Warren, one of the most explicit sounds that link digital assets with illegal activities, He said It supported the organization of the encryption industry. However, the opposition of the Temple Market Temple has suggested through the clarity law in the structure of the digital assets market, which was provided by the Republicans and passed by the support of the two parties in the House of Representatives.
“We need to organize encryption,” Warren said. “But we do not need an organization written by the encryption industry that exceeds this type of corruption. We need an organization that limits corruption and the ability of the elected officials to circulate, and this also limits the ability to bomb the economy by encryption.”
https://www.youtube.com/watch?
Warren’s statement indicated that it intends to double its efforts to mobilize the democratic opposition to the clarity law, which is expected to be considered in the Senate starting in September.
Republican leaders of the Senate Banking Committee said in June that they are Plans to pass the bill By September 30.
Related to: The White House encryption bases brings the clarity of the Sec-CFTC for us, encryption companies: Lawyer
The first stablecoins, then the encryption market structure, then CBDCS?
In July, many Democrats in the House of Representatives stood up to the Republicans to pass the clarity law, a draft law that restricts a digital currency of the US Central Bank, and legislation to regulate payment payments, the genius law.
The genius law, which was already passed by the Senate, was signed to become a law by President Donald Trump in the same week, while the two other draft laws are expected to be addressed after the August holiday in Congress.
The White House was also weighing the recommendations of the encryption market structure. On July 30, a digital asset work team was established under Trump Exclusive recommendations for organizational clarity With the collapse of roles, the financial organizers of the United States, the Securities and Exchange Committee (SEC) and the CFTC futures trading committee were on some symbols.
“[W]The report said: “The system of clear and comprehensive classification, the market participants had to move in a set of interpretations and directives-a minefield, is an example of the honest actors who are trying to lead the industry forward.”
Senate legislators are expected to return to work the day after the Labor Day, on September 2.
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