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United States of America: Rejected Responsible Financial Innovation Act

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Description

Rejected Responsible Financial Innovation Act

On 3 January 2023, the Lummis-Gillibrand Responsible Financial Innovation Act was rejected after failing to pass before the 117th Congress adjourns.

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Scope

Policy Area
Other operating conditions
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), DLT development
Implementation Level
national
Government Branch
legislature
Government Body
parliament

Complete timeline of this policy change

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2022-06-07
under deliberation

On 7 June 2022, the United States Senators Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY), int…

2023-01-03
rejected

On 3 January 2023, the Lummis-Gillibrand Responsible Financial Innovation Act was rejected after fa…