summary
Introduced
03/08/2021
03/08/2021
In Committee
04/08/2021
04/08/2021
Crossed Over
04/22/2021
04/22/2021
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
AN ACT To direct the Commodity Futures Trading Commission and the Securities and Exchange Commission to jointly estab- lish a digital asset working group, and for other pur- poses.
AI Summary
This bill directs the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) to jointly establish a digital asset working group to analyze the legal and regulatory framework for digital assets in the United States and provide recommendations for improving primary and secondary markets, establishing standards for custody and cybersecurity, and addressing fraud and manipulation in digital asset markets. The working group will submit a report to the SEC, CFTC, and relevant congressional committees within one year, which may be extended for an additional year. The bill also specifies that the Federal Advisory Committee Act does not apply to the working group.
Committee Categories
Budget and Finance, Business and Industry, Housing and Urban Affairs
Sponsors (5)
Last Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 04/22/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
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