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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. The bill additionally leaves room for assets that don’t fit neatly into either category. government securities, cash, and repurchase agreements collateralized by U.S.

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