On July 26, 2022, Hofstra Law Professor Scott Colesanti wrote the article “Crypto Legislation: There Oughta Be a Law (Just One)” for the New York Law Journal.
Excerpt
In June, a bipartisan bill was introduced in the Senate to take its place among the sundry other congressional attempts to define, regulate, or exclude from regulation the $2 trillion cryptocurrency market. Titled “The Responsible Financial Innovation Act,” the bill targets a great many things but gives little indication of unique advancement in Congress. Nonetheless, its very breadth invites scrutiny as a start down the road of possible legislative cure for a wildly volatile and perplexing cyberspace market.
Accordingly, this article shall summarize the proposed legislation, analyze its most tantalizing parts, and conclude with a brief scorecard of pending initiatives.
Read the full article on the New York Law Journal website (subscription needed).
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