New US Crypto Law “Token Taxonomy Act” – Wealthfront Coinbase – Scooter Braun XRP – InstaRem xRapid

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– Two congressmen are looking to change that with the ”Token Taxonomy Act,” a bipartisan bill being introduced to the House.
This would amend the Securities Exchange Act, which established the current structure for what a security is, and adds a new definition for “digital tokens.”
The “Token Taxonomy Act” — a bipartisan effort by Reps. Warren Davidson, R-Ohio and Darren Soto, D-Fla. — defines a “digital token” and clarifies that securities laws would not apply to cryptocurrencies once they become a fully functioning network.
– Wealthfront adds tracking support for Coinbase accounts
– Scooter Braun tweets – Interesting… Over the last 100 days, BTC is down 37%, ETH is down 50% and XRP is up 33%.
– InstaRem confirms xRapid integration and usage
– Western Union open to introducing crypto and blockchain in the future
– Ripple(XRP) is LIVE now at Crypto Bulls Exchange
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Post Author: CoinCryptoNews