Cryptocurrency bill: Last-minute concessions won!

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Cryptocurrency bill: Last-minute concessions won!

After receiving pushback from cryptocurrency lobbyists, lawmakers revised that section of the bill to “clarify” the definition of a broker rather than expand upon it.

The legislation also removed language that explicitly targeted “any decentralized exchange or peer-to-peer marketplace.” It replaced that with a broader definition that characterizes brokers as anyone “responsible for regularly providing any service effectuating transfers of digital assets on behalf of another person.”

https://www.coindesk.com/new-crypto-bill-in-us-congress-is-the-most-comprehensive-yet

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