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Benzinga
Benzinga
Business
Aniket Verma

Cynthia Lummis Releases Draft Bill That Aims To Make US Global Crypto Capital, Says She Won't 'Allow' Regulatory Confusion To Continue

Coin,Bitcoin,,Eth,And,Xrp,On,Background,Cryptocurrency,Trading,Chart

Republican Senators released a discussion draft for the cryptocurrency market structure legislation on Tuesday, building on the recent passage of the CLARITY Act in the House of Representatives.

What Happened: Cynthia Lummis (R-Wyo.), along with Sen. Tim Scott (R-S.C.), Sen. Bill Hagerty (R-Tenn.) and Sen. Bernie Moreno (R-Ohio) announced the release of a discussion draft for market structure legislation aimed at making the U.S. “the crypto capital of the world.”

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