H.R. 1602 · 117th Congress
Eliminate Barriers to Innovation Act of 2021
- Stage
- Passed a chamber
- Sponsor
- Patrick McHenry
- Introduced
- 2021-03-08
- Latest action
- 2021-04-22 · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Summary
Eliminate Barriers to Innovation Act of 2021
This bill requires the Securities and Exchange Commission and the Commodity Futures Trading Commission to jointly establish a working group on digital assets. The working group must (1) report on the impact of the U.S. legal and regulatory framework on the digital asset market; and (2) provide recommendations regarding digital asset market fairness and integrity, cybersecurity standards, and the reduction of fraud and manipulation.