With a few exceptions, the United States is one of the countries with a friendly approach to cryptocurrencies, and after a long time the United States decided to address the national CBDC, there are reports that US Senators Cynthia Lummis and Kirsten Gillibrand have decided to propose the most ambitious crypt law to date. This is probably the most anticipated part of the legislature in the history of digital assets, a report announced by Senator Cynthia Lummis through her official Twitter account.
„New York is the center of world financial markets. This is one of the greatest growing industries that New York definitely wants to have a part of.“
The new proposal allegedly has the potential to integrate digital assets into a country’s financial system by creating a self-regulatory institution whose sole purpose would be to monitor and regulate cryptocurrencies. As you may have guessed, such progress would be a revolutionary step in the history of cryptocurrencies, as it would confirm that the sector operates at the same level as other state institutions. Of course, like any crypto, the law has its opponents and therefore has a long way to go. However, if such a law were eventually passed, it could dramatically improve the perception of cryptocurrencies in society.