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Major Crypto Bill Passed! Congressman Richie Torres

The Wolf Of All Streets

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Introduction

The first time in history Congress has passed legislation regulating digital assets. The bill establishes a process by which digital assets can transition from securities regulation to commodities regulation. A digital asset is presumptively subject to the jurisdiction of the SEC until it's shown to be so decentralized That it can be a commodity. And we were unfortunately watching some of that yesterday for for all those hours We were a holy arkrette and waiting to see what was good at that.

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