Two U.S. senators, Kirsten Gillibrand and Cynthia Lummis, said on Friday that part of a comprehensive cryptocurrency regulation bill could be presented to President Biden for his signature within the next six months.
“I think six months from now, we’re going to see at least part of it on the president’s desk,” Lummis said.
A section of the bill that would give the U.S. Commodity Futures Trading Commission (CFTC) regulatory authority over digital assets considered commodities is ready to move forward, Gillibrand said.
Gillibrand added that she expects the regulatory framework for digital assets to pass the Senate with broad bipartisan support.
