The U.S. Home of Representatives was abuzz with crypto discussions on April 27, because the Monetary Companies Committee and Agriculture Committee held hearings with almost similar titles and coated almost the identical subject with many related conclusions.
The Monetary Companies Committee, throughout its listening to “The Way forward for Digital Property: Figuring out Regulatory Gaps within the Market Construction of Digital Property,” heard from Davis Polk companion Zachary Zweihorn, who argued that “the securities market construction legal guidelines and laws don’t align with digital asset securities.” He stated:
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