The proposals come in the wake of dissatisfaction within and beyond the industry with current regulatory practices.
Two new bills focusing on cryptocurrency market manipulation aim to “position the United States to be a leader in the cryptocurrency industry,” their sponsors claimed Dec. 6.The bills, dubbed “The Virtual Currency Consumer Protection Act of 2018” and “The U.S. Virtual Currency Market and Regulatory Competitiveness Act of 2018” will go before the House of Representatives having been compiled in mid-November.A bipartisan effort, their authors, congressmen Darren Soto and Ted
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