Title: Congress Considers Federal Crypto Regulators In New Cryptocurrency Act Of 2020
Headings: Congress Considers Federal Crypto Regulators In New Cryptocurrency Act Of 2020
Congress Considers Federal Crypto Regulators In New Cryptocurrency Act Of 2020
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Crypto-Currency Act of 2020 (Draft Discussion)

Content: which was referred to the Committee
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A BILL
To clarify which Federal agencies regulate digital assets,
to require those agencies to notify the public of any
Federal licences, certifications, or registrations required
to create or trade in such assets, and for other purposes. 1 Be it enacted by the Senate and House of Representa- 2 tives of the United States of America in Congress assembled,
3 SECTION 1. SHORT TITLE. 4 This Act may be cited as the ‘‘Crypto-Currency Act
5 of 2020’’. 6 SEC. 2. DEFINITIONS. 7 In this Act: VerDate Mar 15 2010 10:43 Dec 17, 2019 Jkt 000000 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 C:\USERS\MWBARKSDALE\APPDATA\ROAMING\SOFTQUAD\XMETAL\7.0\GEN\C\GOSA
December 17, 2019 (10:43 a.m.)
G:\M\16\GOSAR\GOSAR_191.XML
g:\VHLC\121719\121719.049.xml (751089|7)
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2
1 (1) CRYPTO-COMMODITY.—The term ‘‘crypto- 2 commodity’’ means economic goods or services
3 that—
4 (A) have full or substantial fungibility; 5 (B) the markets treat with no regard as to
6 who produced the goods or services;