Crypto Bill Analysis | U.S. Bipartisan Regulation Bill by Senators Cynthia Lummis & Gillibrand



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Sen. Cynthia Lummis (R-Wyo.) and Sen. Kirsten Gillibrand (D-Ny.) have revealed their new bipartisan bill regulating the crypto industry dubbed the Crypto Bill. Their bill would liberate small-scale purchases of goods and services from the mire of tax implications by making transactions of less than $200 tax-free – potentially clearing a path for a cryptocurrency that acts more like a currency. And, as expected, the legislation would grant new powers and a commanding presence to the Commodity Futures Trading Commission. On this episode, we're diving into the good and bad.

#cryptocurrency #crypto #bitcoin
~Crypto Bill Analysis | U.S. Bipartisan Regulation Bill by Senators Cynthia Lummis & Gillibrand~
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