, the yet-to-be-filed legislation includes a mandate for"a new organization under the joint jurisdiction of the Commodity Futures Trading Commission and the Securities and Exchange Commission to oversee the digital asset market." Other aspects would focus on stablecoin regulation and consumer protection, though explicit details won't be known until the bill is released, according to Bloomberg.
Lummis, who owns bitcoin, has emerged as one of the highest-profile advocates in Congress. She has also become
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