US Congressman Beyer Introduces Crypto Bill With ‘Basic Protections’ For Investors
In brief A U.S. Congressman has introduced legislation surrounding the regulation of digital assets. The law would provide clarity on the roles of several regulatory authorities including the SEC and the CFTC. Representative Don Beyer (D-VA) introduced legislation to regulate digital assets earlier this week. The legislation, titled the “Digital Asset Market Structure and Investor Protection Act,” aims to protect consumers while simultaneously promoting financial innovation. “Unfortunately, the current digital asset market structure and regulatory framework is ambiguous and dangerous for investors and consumers. Digital asset holders have been subjected to