Summary
- US House Representatives Tom Emmer and Ritchie Torres have proposed a bipartisan council to advance virtual asset legislation.
- This council, proceeding as a bipartisan initiative, plans to push forward legislation such as the stablecoin bill across party lines.
- This council is a separate organization from the Congressional Blockchain Caucus launched in 2017.
According to Fox Business reporter Eleanor Terrett on the 3rd (local time), US House Representatives Tom Emmer and Ritchie Torres have proposed launching a congressional virtual asset (cryptocurrency) council to advance cryptocurrency legislation.
This is a bipartisan initiative, intended to form a cross-party alliance to push forward legislation such as the stablecoin bill currently being processed in the House.
This council is separate from the Congressional Blockchain Caucus, which was launched in 2017.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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