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John Rose
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Stance from 2024-09-12
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Congressman John Rose
@RepJohnRose
🚨 NEW: I've introduced the BRIDGE Digital Assets Act to establish a Joint Advisory Committee on digital assets between the @SECgov and @CFTC. The United States must allow digital assets to thrive because the heavy-handed, regulation-by-enforcement approach isn't working.
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Eleanor Terrett
@EleanorTerrett
🚨SCOOP: Republican Tennessee Congressman @RepJohnRose, who sits on the @FinancialCmte, is introducing a new bill called the “BRIDGE Digital Assets Act” that would establish a Joint Advisory Committee on digital assets between the @SECGov and the @CFTC. The purpose of the committee, I’m told, would be for industry to provide both agencies with advice on their respective rules, regulations, and policies relating to digital assets. The committee would be made up of 20 private sector participants who represent different interests in the #crypto space. "The current heavy-handed, regulation-by-enforcement approach isn't working and is instead encouraging investment in this key innovation overseas,” said Rose. “The Joint Advisory Committee on Digital Assets will provide a framework for the government and private sector partners to cooperate on a path toward success for the regulatory landscape of digital assets and private sector participants." Full text of the bill here: johnrose.house.gov/sites/evo-subs…
2024-09-12T16:43:41.000Z
2024-09-12T20:15:36.000Z
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