The United States Congress evaluates 32 laws related to cryptocurrencies and blockchain technology . According to Forbes magazine, 13 of those projects focus on crypto regulations and tax laws.

After the appearance of the Facebook Libra project , in 2019, numerous financial regulators from different countries reacted immediately to start developing adaptations and regulations for their systems . Stablecoin-related laws seek to outline strict and clear guidelines and frameworks for the platform.

Two of the bills addressed by Congress seek to directly impact crypto regulations in the United States. These are the Tokens Taxonomy Law , which is based on the exclusion of cryptocurrencies from securities laws, and the Cryptocurrency Law of 2020 , which seeks to create a framework that determines which federal agencies have jurisdictions over the different classes of cryptoactive .

However, some projects seek to prevent these technological innovations from entering financial markets and payment systems . Others - such as the Consumer Protection Against Market Manipulation Act - outline a framework for technology companies to participate in financial markets, as long as they have the relevant licenses.

Lawmakers are also outlining anti-money laundering (AML) and anti -terrorist financing (CFT) laws . More than 10 projects, in addition, were created in view of corruption around crypto assets, as is the case with the governments of Venezuela and North Korea seeking to evade economic sanctions.