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Crypto Rules Drafted by US Lawmakers

US Lawmakers Form Working Group for Crypto Regulation

  • US lawmakers announced a working group to draft regulations for digital assets and stablecoins.
  • The Trump administration is considering the creation of a national Bitcoin reserve.
  • White House Crypto Czar David Sacks is leading the internal working group on this initiative.
  • The working group includes representatives from the Treasury, Justice Department, SEC, and CFTC.
  • Senator Bill Hagerty introduced a bill for stablecoin regulation, aiming for federal or state oversight.

A new working group has been formed by US lawmakers to create a regulatory framework for digital assets and stablecoins. The Trump administration is also evaluating a national Bitcoin reserve, led by White House Crypto Czar David Sacks. The group’s recommendations are expected within six months.

Source (2.6)https://cryptobriefing.com/us-lawmakers-crypto-working-group/?rand=59535
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