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re: Official CryptoTalk Thread
Posted on 5/22/24 at 11:00 am to BottomlandBrew
Posted on 5/22/24 at 11:00 am to BottomlandBrew
Very big deal and it removes a big portion of the risk investors have faced. We should run hard after this.
Correct me if I am wrong, but this paves the way for banks to hold bitcoin and make fiat loans against the asset.
I don't think we see this for a few years as we still have too much volatility but the path is there.
Correct me if I am wrong, but this paves the way for banks to hold bitcoin and make fiat loans against the asset.
I don't think we see this for a few years as we still have too much volatility but the path is there.
Posted on 5/22/24 at 12:55 pm to I Love Bama
You may be thinking of H.J. Res. 109, which is currently sitting on Biden's desk awaiting a decision by his handlers.
FIT21 is a much more comprehensive bill that clarifies many questions between who has authority over what and what is considered a security or commodity, what is considered decentralized, and what is the process of moving from a security to a commodity as a project progresses. It also provides consumer protection against rugs and whatnot
FIT21 is a much more comprehensive bill that clarifies many questions between who has authority over what and what is considered a security or commodity, what is considered decentralized, and what is the process of moving from a security to a commodity as a project progresses. It also provides consumer protection against rugs and whatnot
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