The lawmakers are hoping to provide “light-touch regulation” for regulators, businesses and entrepreneurs. The bill is aimed at a decades-old Supreme Court decision involving the definition of a “security” with respect to contracts, investments and regulation. The lawmakers expressed concern innovations in financial technology will continue to outpace the law.
Estimated reading time: 0 minutes, 23 seconds
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Jan 16 2020
-
Written by FinTech News Brief Staff
Representatives from the Reserve Bank of Australia said they are…
-