Cryptocurrency house bill

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The House Financial Services Committee subsidiary, and an editorial committee, moving link legislation, with markups of The Wall Street Journal, they consider their own legislation, journalistic integrity.

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This bill exempts virtual currencies, described as a type of digital representation that is used as a medium of exchange and not recognized as legal tender by the U. The brief, page legislation isn't among the big-ticket bills that the industry is desperate to see emerge from Congress, but the so-called Deploying American Blockchains Act marks a small, forward step for congressional efforts friendly to crypto. The Democrat-controlled chamber hasn't rushed to embrace any of the digital assets bills and is widely thought to be unlikely to change course. Allows any state agency that enters into a virtual currency payment agreement with a person or virtual currency issuer as authorized by the director of Finance to accept convertible virtual currency.