House Passes — Over SEC Objections — Long-Awaited Bill Carving Out a Cryptocurrency Regulatory Framework

The bill is likely to stir renewed debate in the Senate, which has several proposals of its own regarding how to supervise the monetary innovations. 

AP/Kin Cheung, file
An advertisement for Bitcoin cryptocurrency at Hong Kong, February 17, 2022. AP/Kin Cheung, file

Crypto proponents have for years been asking for something that many other industries try to avoid — regulation. With a vote in the House on Wednesday, they finally got their wish. 

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