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Does this proposed bill help or hurt crypto?

TAMU_Fan

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Mar 14, 2019
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Full Article

Snippet - Their bill would write definitions related to cryptocurrency trading into law, introduce tax exemptions and create a detailed regulatory framework for digital assets. The bill would treat cryptocurrency as a commodity and give the CFTC regulatory authority over digital asset spot markets, including bitcoin and ether.

Seems crypto has taken a hit in the last few weeks but hoping it will bounce back.
 
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