US Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) have introduced a broad, bipartisan crypto bill. The bill gives industry lobbyists something to debate. It would set federal law for stablecoins, taxes on small-scale payments, and regulator jurisdictions, removing uncertainties from the financial sector. As expected, the bill would give the CFTC new powers and a commanding presence.
