The Lummis-Gillibrand bill amounts to a regulatory overhaul that would classify the vast majority of digital assets as commodities.
Read more: https://www.cnbc.com/2022/06/07/bipartisan-crypto-bill-lummis-and-gillibrand-want-to-empower-cftc-treat-digitals-assets-like-commodities.html?source=Snapzu
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