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Blockchain and digital currency: Does the US Congress understand it?

Blockchain and digital currency: Does the US Congress understand it? – CoinGeek

Too often, we see blockchain and digital currency-related bills written by uninformed individuals. Just last week, two new bills were introduced to the U.S. House of Representatives: the first bill is looking to give the SEC the ability to rule which digital currencies are securities and which are exempt from securities laws, and the second bill is looking to let the Commodities Futures Trading Commission (CFTC) have jurisdiction over digital currency exchanges.