[2019-2-3]Two US Congressmen to Officially Submit New Pro-Crypto Bills Soon

[Vladdirescu87]

The Token Taxonomy Act (TTA) is currently regarded as the heftiest pro-crypto bill of all the bills that have hitherto been debated. This is due to the fact that the bill will once again provide US citizens with the exemption to maximumly engage in digital currency markets by giving cryptos legal classifications.

The TTA was officially introduced by Congressmen, Warren Davidson (Republican) and Darren Soto (Democrat) to give light-touch regulatory certainty for the distributed ledger technology (DLT) and cryptocurrency industry. Considering the lack of DLT knowledge and guidance, TTA serves as a significant step forward towards offering the highly desired regulatory limpidity.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/congressmen-submit-bills/

[coinmundial]

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[rodel caling]

Good news such a great sounds that's two US congressmen knows the importance of bitcoin how can help for worldwide economic the network system continuously improves they both believe crypto become useful currency this step can encourage more investor's worldwide.

[snipie]

From what I understood from the article, SEC approval will not be required anymore since cryptocurrencies will no more considered as securities. In this case, this is a nice bill and I hope it will be approved.

[btyco]

Some crypto currencies are actually securities and don't offer anything of value, just a get rich coin. However, as the majority aren't this bill could be the moonshot that we are all waiting for