Altcoins Talks - Cryptocurrency Forum
Further Discussions => Legality & Taxation of Cryptos => Topic started by: Rockalo on June 25, 2021, 12:33:59 PM
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The US Congress recently passed at least two cryptocurrency bills that are supposed to facilitate mainstream adoption of digital currencies. The bill, called the Blockchain Innovation Act, and part of the Digital Taxonomy Act were passed as part of the broader US Consumer Safety Technology Act of 2020.
On June 23, the U.S. Congress approved two previously proposed cryptocurrency bills that will become laws once approved by the executive branch. The first bill, the Blockchain Innovation Act, aims to explore the feasibility of using blockchain to combat fraud. The bill specifically wants the government to develop Blockchain-powered systems to detect unfair and fraudulent practices. More information: please click here (https://coinidol.com/cryptocurrency-bills-become-law/)