Legislators Seek Clearer Regulatory Path For Digital Tokens
Law360 (October 23, 2020, 9:12 PM EDT) -- Two complementary congressional bills recently introduced seek to provide legislative clarity regarding the status of cryptocurrency tokens and their trading platforms, a development some lawyers say is worth watching given regulatory hurdles facing the nascent industry.
The Securities Clarity Act, sponsored by Rep. Tom Emmer, R-Minn., and the Digital Commodity Exchange Act, sponsored by Rep. Michael Conaway, R-Texas, were both introduced in late September and have yet to be assigned to committee. While the bills are still in their early stages, a lawyer said the proposals are notable in that they seek to create paths that would enable digital assets to...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!