Sen. Cynthia Lummis (R-WY) and Sen. Kirsten Gillibrand (D-NY) will introduce on June 7 the Responsible Financial Innovation Act, which proposes integrating digital assets formally into the American financial systems.
With bipartisan backing and thorough effort, this proposed legislation looks to effectively integrate digital assets into the modern economic structures and potentially secure a much brighter future for Bitcoin and cryptocurrencies. The legislation endeavors to ameliorate the formal adoption of Bitcoin and cryptocurrencies into hedge funds, wealth funds, governments, corporations, banks, and other companies.
