Search Results for keywords:"stablecoins"

Search Results: keywords:"stablecoins"

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.

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