U.S. senators unveil bill to regulate cryptocurrency

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tldr; A bipartisan pair of US senators unveiled a bill on Tuesday that would establish new rules for cryptocurrency, and hand the bulk of their oversight to the Commodity Futures Trading Commission (CFTC). The bill, introduced by Republican Senator Cynthia Lummis and Democratic Senator Kirsten Gillibrand, marks one of the most ambitious efforts yet by lawmakers to place clear guard rails around cryptocurrency markets.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*



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