Search Results for keywords:"decentralized finance"

Search Results: keywords:"decentralized finance"

H. R. 9758 — To require the Securities and Exchange Commission, Commodity Futures Trading Commission, and the Secretary of the Treasury to jointly carry out a study on decentralized finance.
September 23, 2024
Status:Introduced in House
Congress:118
Words:922
The Evaluating DeFi Opportunities Act proposes that the Securities and Exchange Commission, the Commodity Futures Trading Commission, and the Secretary of the Treasury collaborate to conduct a study on decentralized finance, also known as DeFi. The study will examine aspects...
Simple Explanation
The Evaluating DeFi Opportunities Act wants some important people in finance to work together and learn about DeFi, which is like a cool new way to do money stuff online, and then tell the grown-ups in Congress what they found out.
H. R. 4763 — An Act To provide for a system of regulation of digital assets by the Commodity Futures Trading Commission and the Securities and Exchange Commission, and for other purposes.
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May 22, 2024
Status:Engrossed in House
Congress:118
Words:49,620
H.R. 4763, titled the "Financial Innovation and Technology for the 21st Century Act," aims to create a regulatory framework for managing digital assets in the United States, overseen by both the Commodity Futures Trading Commission and the Securities and Exchange Commission. The bill defines...
Simple Explanation
This bill is like a set of rules to make sure new digital money (like Bitcoin) is used safely in the U.S. The rules are watched over by two big brothers, the CFTC and the SEC, to help everyone play fair and avoid getting tricked.
H. R. 4763 — To provide for a system of regulation of digital assets by the Commodity Futures Trading Commission and the Securities and Exchange Commission, and for other purposes.
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May 06, 2024
Status:Reported in House
Congress:118
Words:85,789
H. R. 4763, known as the “Financial Innovation and Technology for the 21st Century Act,” proposes a framework for regulating digital assets in the U.S. It directs the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) to oversee digital assets, aiming...
Simple Explanation
The bill is like making new rules to keep digital money safe, just like making sure your toys stay clean and not lost. It tells two big grown-up groups, the CFTC and the SEC, to watch over these special kinds of money so everyone can play fair and no one gets tricked.
H. R. 4763 — An Act To provide for a system of regulation of digital assets by the Commodity Futures Trading Commission and the Securities and Exchange Commission, and for other purposes.
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September 09, 2024
Status:Referred in Senate
Congress:118
Words:49,501
H.R. 4763, titled the "Financial Innovation and Technology for the 21st Century Act," sets out a regulatory framework for digital assets in the U.S. The bill assigns oversight responsibilities to both the Commodity Futures Trading Commission (CFTC) and the Securities and...
Simple Explanation
H.R. 4763 is a new law that tries to keep track of and organize things called "digital assets," like special internet money and pictures, using two big helpers, the CFTC and the SEC, to make sure everything is safe and fair. It also wants to make rules so people know the right things to do when using or trading these digital assets.

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