April 27 The US Home of Representatives has not spared discuss of cryptocurrency, as each the Monetary Providers Committee and the Agriculture Committee held hearings with practically similar titles that lined a lot of the identical floor and got here to many comparable conclusions.
Within the Monetary Providers Committee listening to, “The Way forward for Digital Property: Figuring out the Regulatory Gaps within the Market Construction of Digital Property,” Zachary Zweihorn, a associate at Davis Polk, mentioned that “the legal guidelines and rules that construction the securities market should not sufficient for digital belongings.” securities”. He mentioned:
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