Financial Services Financial Services

Safe harbor for digital tokens a policy reach despite mounting US Republican support

By Dave Perera
  • 08 Oct 2021 16:34
  • 08 Oct 2021 16:47
US Republican policymakers are offering mounting support for a proposal giving new blockchains seeking to build their distributed networks three years of abeyance from securities enforcement.
Securities and Exchange Commission Chairman Gary Gensler has signaled stepped up federal regulation of digital assets, repeatedly characterizing cryptocurrency markets as a “Wild West”

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