U.S. House of Representatives Reintroduces Token Classification

03月
11
2021-3-11 06:46
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According to the Block Report of March 11, US Representative Warren Davidson reiterated the Token Taxonomy (TTA). This bill is intended to replace the Securities Exchange Act of 1934 to distinguish between tokens and other assets. Davidson first proposed the measure in 2018, but he did not vote in Congress. He reintroduced the TTA in 2019, and now Congress is repeating it. The terms of this bill have not changed since its re-enactment in 2019.

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