Jump to content

Update from Stuart Alderoty, General Counsil at Ripple


stuffie
 Share

Recommended Posts

On 1/7/2021 at 9:54 PM, jn_r said:

Brad G. mentioned DCEA in one of his tweets

Brad says it needs to be re-introduced because, as happened also to other similar proposals (eg the Token Taxonomy Act), they don't seem to reach the successive stage and become the necessary pillars of a regulatory framework. Let's hope that the new administration can bring some new energy...

https://www.govtrack.us/congress/bills/116/hr8373

Link to comment
Share on other sites

In light of DCEA (Brad would like to see it re-introduced) it is interesting to know that Gary Gensler former job was chair at CFTC.

DCEA is designed to bridge the gaps between CFTC and SEC:

Quote

Additionally, in September, a bipartisan group of representatives introduced the Digital Commodity Exchange Act of 2020, or DCEA (H.R. 8373). The bill is designed to bridge regulatory gaps between the Commodities Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in digital asset markets, and provide a national framework to regulate cryptocurrency exchanges.

source: https://www.cozen.com/news-resources/publications/2020/november-2020-blockchain-legislative-alert-fall-2020-legislative-developments

 

 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.