US House Republican committees introduce joint digital assets bill By Cointelegraph

A bill to create a regulatory framework for digital assets has been introduced by Republican members of the Agriculture and Financial Services Committees of the United States House, the result of several months of joint effort by the two committees.

The 212-page bill — called the Financial Innovation and Technology for the 21st Century Act — was introduced on July 20. According to an accompanying explainer, it’s intended to address regulatory gaps by creating a framework for the “specific risks of different digital asset-related activities.”