Today will be an important day for Bitcoin and the crypto industry because the latest bill presented by Senators Lummis and Gillibrand will be voted in the US, which could be a success for the crypto industry.
Why a success? Because Senators Cynthia Lummis and Kirsten Gillibrand presented a bill on June 7 that proposes to classify the vast majority of digital assets as commodities, passing the responsibilities in this regard from the Securities and Exchanges Commission (SEC) to the Commodity Futures Trading Commission (CFTC).
Cynthia Lummis and Kirsten Gillibrand announced their introduction of the bill in a Medium post. The full text is available here:
What impact will the regulation have on the crypto sector in your opinion? Is it possible that what happened to the Luna blockchain could make the regulation excessively strict? In any case, what will be decided in America will, as usual, have a huge impact on the rest of the world and the US will be the forerunners of Bitcoin and crypto regulation.
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