Securities and Exchange Commission Chair Gary Gensler and Treasury Department Secretary Janet Yellen have both been called to provide analysis on a digital asset market structure bill.
House Financial Services Committee leading Democrat Maxine Waters sent letters to both Treasury Secretary Janet Yellen and Securities and Exchange Commission Chair Gary Gensler, seeking comment on a digital asset market structure bill which could be voted on in the coming weeks.hold a session to vote on the legislation in the second week of July.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.
House Financial Services Committee leading Democrat Maxine Waters sent letters to the pair, according to a released on Monday, urging them to share their thoughts on the Digital Asset Market Structure Discussion Draft.“Moreover, if there are recommendations or changes to existing law outside the scope of the bill that you believe would protect investors within the digital assets space, I would welcome those views as well,” Waters said in her letter to Gensler sent on June 23.House Financial Services Committee Chair Patrick McHenry, R-N.C, and House Agriculture Committee Chair Glenn ‘G.T.
. It seeks to provide a pathway for a digital token to transfer from being treated as a security to a commodity.Waters also asked both Yellen and Gensler"to be prepared to brief House Financial Services Committee Members on your views and recommendations, following the submission of your written response to this letter." Waters said responses are due by June 30.
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