An eventful 2019 for the cryptocurrency field ended with widespread talk in late December about the potential for a federal law defining categories of crypto-assets and specifying the federal regulatory agencies authorized to regulate them: a Crypto-Currency Act of 2020. The discussion draft of this bill circulated in December cannot be considered a serious legislative attempt yet, however, because it displays a lack of basic understanding of the relevant federal laws and regulatory agencies.
The Crypto-Currency Act of 2020
The not yet introduced House bill follows a previous attempt to address specific issues related to digital currency, the Token ...
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