Sen. Lummis, long a bitcoin (BTC) hodler, has been working on the “comprehensive” bill since at least 2021. A senior aide for the senator דערציילט CoinDesk in December the bill would call for the creation of a crypto regulatory body, as well as federal rules for stablecoins, consumer protection provisions, updated taxation guidance, and the establishment of a self-regulatory organization (SRO).
Source: https://www.coindesk.com/business/2022/03/14/shark-tanks-oleary-lobbies-congress-for-sen-lummis-new-crypto-bill/?utm_medium=referral&utm_source=rss&utm_campaign=headlines