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A few days ago, major media reported that two members of Congress had proposed a bill to the SEC, seeking a new law. The bill seeks to remove the cryptocurrencies from the definition of the 72-year titles and urged to define it with the new act called "Token Taxonomy Act".
"No, I'm not … Terrible reporting"
Although it was widely discussed in the network and on social media in December 2018 Craig Wright, the chief scientist of nhain spoke today of the media, stating that "it is not real". However, the SEC has not recognized anything officially yet. He stressed the CNBC report as "Terrible Reporting" that was shared on Twitter, indicating that the bill is "a sign Congress is taking the industry seriously and if it transmits massive news for #crypto & # 39;.
https://twitter.com/ProfFaustus/status/1081603346912501762
When the report has been revealed, many users appreciate the efforts; as reported by Coingape, Anthony Pompliano said "Virus is spreading". However, he said that "new goods need adequate and modern regulations".
WHOA.
Two members of the House of Representatives are introducing a bill to exclude cryptocurrencies from the definition of SEC titles, second @ Kr00ney.
THE VIRUS IS MOVING 🚀
– Pomp 🌪 (@APPLANT) December 20, 2018
The SEC and the cryptocurrency have been a hotbed of discourse so far and as such, the imposition initiative will probably focus on some aspects of the cryptocurrency, but not on other issues concerning the cryptography market. Contrary to Craig, other supporters and leaders in the crypt industry, including Coincentro, have welcomed and encouraged the bill. He said that
"We are happy to see the ongoing action of the Congress to implement common sense clarifications and adjustments to the regulatory treatment of cryptocurrencies".
Furthermore, the bill must still be submitted to the Securities and Exchange Commission and therefore still to be approved.
Citing Craig's comment as "false news", what is your interest?
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"Terrible reporting", Craig Wright on the reports of a bill to exclude cryptocurrencies from the titles
Description
Craig Wright, the chief scientist of nhain, posted on Twitter today stating the news of a bill to remove the cryptocurrencies from the definition of 72-year-old titles and defines it under the new law called "Token Taxonomy Act" is not true . However, the SEC has not recognized anything officially yet. He noted the CNBC report, which was shared on Twitter, indicating that the bill is "a sign that Congress is taking the industry seriously and that it is broadcasting huge news for #crypto".
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tabassum
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Coingape
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