Two US senators are seeking feedback on a new bipartisan crypto legislation and they are using Microsoft-owned GitHub to reach the masses.
Wyoming Republican Cynthia Lummis and New York Democrat Kirsten Gillibrand, posted the legislation on GitHub, a software development and version control platform, on Tuesday. As of Wednesday 4:55 p.m. New York time there were no comments. The duo introduced the bill, which aims to regulate digital assets, on June 7.
“The senators seek comments from industry stakeholders, consumers and interested parties to ensure that this landmark legislation reflects the innovative nature of the industry it regulates, while also adding confidence, trust and stability for consumers,” Lummis’ office said in a June 22 email to Bloomberg.
The bipartisan bill, titled Lummis-Gillibrand Responsible Financial Innovation Act (S. 4356), calls for a set of standards to determine if a digital asset is a commodity or security and other stablecoin provisions. The legislation...
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