Senator Kirsten Gillibrand, Democrat, teamed up with Cynthia Lummis, Republican, to propose the new Lummis-Gillibrand bill. The goal? To create a regulatory framework for digital assets with clear standards and definitions, clarity for both industry and regulators, analysis of energy consumption, and ongoing flexibility as the space evolves. Senator Gillibrand sat down with host Scott Melker at Consensus 2022 to discuss the creation of the bill, its early reactions, and why you should get involved and speak up.
Full text of the Lummis-Gillibrand bill is available here:
https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Responsible%20Financial%20Innovation%20Act%20%5bFinal%5d.pdf
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