Tagged: hr 7356

A Review Of The Proposed “Token Taxonomy Act” and Why It Falls Short…

While most people were busy with last minute Christmas shopping, on December 20th of last year, Representatives Warren Davidson and Darren Soto were busy finalizing and introducing the proposed new “Token Taxonomy Act” (HR 7356). The proposed Token Taxonomy Act seeks to modify both existing… Read More

Legislation Designed to Fix ICOs in the US, the Token Taxonomy Act, is Introduced in Congress

As long anticipated, legislation has been entered into Congress to address pressing questions regarding initial coin offerings (ICOs) and their current treatment as being regulated by the Securities and Exchange Commission (SEC) as they are all considered to be securities. Representatives Warren Davidson and Darren… Read More