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ZyCrypto 2023-08-01 18:32:26

Rep Tom Emmer Proposes Bill To “Clear Things Up” For The Crypto Sector And Safeguard Innovation

In a bid to provide regulatory clarity and foster innovation within the US cryptocurrency and blockchain industry, Representative Tom Emmer has reintroduced the Blockchain Regulatory Certainty Act (BCRA) for consideration by the financial services committee. This bipartisan bill addresses the classification of blockchain-related entities as money transmitters. This long-standing issue has hindered progress and created

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