Tagged: Responsible Financial Innovation Act

July 12, 2023 @ 6:23 pm By JD Alois  |  

Earlier today, Senator Cynthia Lummis and Senator Kirsten Gillibrand reintroduced comprehensive legislation aiming to provide updated rules to enable crypto asset innovation while ensuring consumer protection. In 2022, the two Senators released draft legislation that was described as a major step forward for the digital asset… Read More

July 12, 2023 @ 11:44 am By JD Alois  |  

Senators Cynthia Lummis and Kirsten Gillibrand are reintroducing their comprehensive legislation addressing regulatory gaps in the digital asset sector. Both Senators are members of the key Senate Banking Committee that will need to approve any legislation if it will move forward in Congress. A previous… Read More

June 7, 2022 @ 4:12 pm By JD Alois  |  

John Berlau, a securities and regulatory expert at the Competitive Enterprise Institute (CEI) has shared his initial thoughts on the bi-partisan legislation posted today by Senators Kirsten Gillibrand and Cynthia Lummis. Berlau, long a supporter of beneficial Fintech innovation believes the legislation is a solid… Read More

June 7, 2022 @ 3:41 pm By JD Alois  |  

Earlier today, Senators Cynthia Lummis and Kirsten Gillibrand revealed their bi-partisan legislation to apply regulatory clarity to the growing digital asset ecosystem in the US. For years now, the crypto industry has desired bright-line rules to provide compliant offerings and regulated platforms, yet regulators have… Read More