Proposed Crypto Bill highlight

Proposed Crypto Bill highlights:

-Gives CFTC full power
-No tax for purchases under $200
-Asset must disclose utility = NO MORE FAKEY SCAMMY ONES WILL BE ALLOWED (may take time to implement though)
-Legal protection against exchanges with custody of assets = claimability of assets for when exchanges go through class action/bankruptcy
-Min tax reporting reqs
-“Sandbox” like pendulum, ISO20022 = allows WH flexibility to maneuver in “testing” before everything finalized
-Stablecoins 100% backed by assets = Bretton Woods 3, demise of institutional banks/decentralized banking
-Disclosure of asset sales = NO MORE MONEY LAUNDERING

https://www.coindesk.com/policy/2022/06/07/key-us-senators-introduce-bill-outlining-sweeping-plan-for-future-crypto-rules/

Riccardo Bosi Australia One - [Raw Truth] Prepare Now! "Worldwide"

THE PLAN TO SAVE THE WORLD

Uncensored Alternative News Media
5D Ascension All Connected and Also Important

Spread the love