Bitcoin’s Biggest Congress Enthusiast Introduces a Pro-ICO and Crypto Legislation
Republican Congressman, Warren Davidson, has said that he plans to introduce new legislation in the house. The planned pro-ICO and crypto legislation aims at regulating the ICOs and the federal cryptos. This announced was reported on a local Ohio news agency, Cleveland.com.
The bill, when finalized, would create an ‘asset class’ focused on tokens only. The new bill will prevent cryptos from being classified as securities. However, the new law would let the federal government regulate ICOs more effectively. The announcement came
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