US Senators Propose a More Nuanced Take on Cryptocurrency Regulations

US Senators Propose a More Nuanced Take on Cryptocurrency Regulations

U.S. Senators Ron Wyden (D-OR), Cynthia Lummis (R-WY) and Pat Toomey (R-PA) introduced an amendment to the $1 trillion Infrastructure Investment and Jobs Act (IIJA) yesterday to address concerns with its proposed cryptocurrency regulations. Cryptocurrency isn’t the central focus of IIJA—the bill’s main purpose is funding improvements to U.S. infrastructure—but it contains several provisions that…