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2019-04-10 22:30:25

Token Taxonomy Act makes comeback; proposes removal of cryptocurrencies from umbrella of securities

Cryptocurrencies being characterized as securities may soon fade away, courtesy of the reintroduction of the Token Taxonomy Act in the United States House of Representatives. Proponents of the decentralized currency realm have long contested decentralized currencies being labeled with the securities tag. Proposed by Representative Warren Davidson (R), the Token Taxonomy Act will amend the […]The post Token Taxonomy Act makes comeback; proposes removal of cryptocurrencies from umbrella of securities appeared first on AMBCrypto.