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Breaking: House Republicans Propose Bill To Classify Crypto As Commodities

source-logo  coingape.com  + 3 more 02 June 2023 21:44, UTC

Crypto News: In a significant move to address the regulatory challenges surrounding digital assets, senior House Republicans in the U.S. Congress have introduced a new draft bill that aims to reclassify digital tokens from securities to commodities. The proposal, released by the leaders of the House Financial Services Commission and Agriculture Committee, aims to establish a clearer framework and guidelines for the treatment of digital assets within the country.

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