House Republicans Introduce Crypto Market Structure Law, The Financial Innovation And Technology For The 21st Century Act
Portfolio Pulse from Charles Gross
House Republicans have introduced a new law, The Financial Innovation and Technology for the 21st Century Act, aimed at structuring the crypto market. The law could potentially impact the value of cryptocurrencies such as Bitcoin (BTCUSD) and Ethereum (ETHUSD).
July 20, 2023 | 9:48 pm
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NEUTRAL IMPACT
The new law introduced by House Republicans could potentially impact the value of Bitcoin.
The introduction of a new law aimed at structuring the crypto market could potentially impact the value of Bitcoin. However, the exact impact is uncertain and will depend on the specifics of the law and how it is implemented.
CONFIDENCE 60
IMPORTANCE 70
RELEVANCE 50
NEUTRAL IMPACT
The new law introduced by House Republicans could potentially impact the value of Ethereum.
The introduction of a new law aimed at structuring the crypto market could potentially impact the value of Ethereum. However, the exact impact is uncertain and will depend on the specifics of the law and how it is implemented.
CONFIDENCE 60
IMPORTANCE 70
RELEVANCE 50