Lummis Bill Considers Cryptocurrencies as Commodities
There has been an argument on whether digital assets are commodities or securities. This simple question could have a serious impact on the future. The Lummis Bill has finally settled the debate stating that most cryptocurrencies are commodities. Basically, securities are regulated by the SEC which has a hostile history towards crypto. On the other […]
Crypto Regulations Will Divide Them in Two Categories
Recently, the Biden Administration took a serious step toward crypto regulations. To begin with, cryptocurrencies are a matter of national security in The US and multiple agencies are responsible to make reports to the Whitehouse regarding the upcoming crypto regulations. Initially, agencies are to analyze and research the sector and basically find out who’s jurisdiction […]