Troutman Pepper Weekly Consumer Financial Services Newsletter
Troutman Sanders
MAY 2, 2023
Senator Cynthia Lummis (R-WY) stated their belief that President Biden will sign the first comprehensive cryptocurrency regulatory scheme into law within the next year. However, due to partisanship in the Senate, Senator Lummis believes her bill is unlikely to pass before the House Financial Service Committee’s bill is introduced.
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