Bitcoin Bull and US Congressman, Warren Davidson, has disclosed that he’s finalizing on a draft bill that will create an asset class for tokens so that they aren’t classified as securities.

The news come in the wake of SEC’s increasing crackdown on ICOs and social media influencers supporting crypto projects.

There’s increasing pressure from both Democrats and Republicans who want the US SEC to spell out the regulations governing cryptocurrencies.

LEAVE A REPLY

Please enter your comment!
Please enter your name here