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US House of Representatives Introduces New Version Of Token Taxonomy Act
Legislation   |   10.04.19  |  

The bill is aimed at excluding cryptocurrency from the category of securities, and also provides regulatory certainty for enterprises and regulators The United States House of Representatives reintroduced the Token Taxonomy Act. This bill should exclude cryptocurrency from the category of securities. It was initially proposed in December last year and was aimed at excluding digital currencies being defined as securities by amending the Securities Acts of 1933 and 1934. The press release notes that...