United States of America: Introduced Digital Asset Market Structure and Investor Protection Act including registration and licensing requirements
Description
Introduced Digital Asset Market Structure and Investor Protection Act including registration and licensing requirements
On 28 July 2021, the Digital Asset Market Structure and Investor Protection Act was introduced by Rep. Don Beyer. The Act is aiming to protect digital asset holders and investors. The Bill creates statutory definitions for digital assets and establi…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
Key regulatory dimensions
Regulated subjects
The businesses, government agencies or individuals affected by this policy or regulatory change.
producer / supplier
1
Type
Any
Economic activity
digital payment provider (incl. cryptocurrencies)
Category
All
Policy change by business practice
The detailed activities within the scope of this policy or regulatory change.
cryptoasset: currency: storage (any form)
Regulatory tool
Registration requirement
Sanctions
Regulated subjects
1
cryptoasset (any type): distribution (any form)
Regulatory tool
Registration requirement
Sanctions
Regulated subjects
1