USA: Bill Exempting Non-Custodial Cryptocurrency Services From Specific Laws Reintroduced to Congress

The law on the release of companies providing cryptographic services that are not custody of certain public money transfer laws was submitted to the United States Congress. The data confirming this has been published on the official website of the Congress on January 14th.

A draft law entitled "Providing Safe Licensing and Registration Refuges for Certain Programmers and Service Providers That Do not Control Channels," presented MP Tom Emmer and co-sponsor MP Darren Soto,

Emmer has already shown interest in cryptocurrencies and blockchain technology in the past and is on the list of members of the US Congress participating in cryptography, published by Cointelegraph in March last year.

As Cointelegraph mentioned in September 2018, Emmer plans to introduce three accounts that support technology and cryptocurrencies, including the latest account. The other two accounts are "Blockchain Resolution and Blockchain Technology" and "Blockchain Certainty Act."

In October, US officials Doris Matsui and Brett Guthrie proposed a law called "Blockchain Promotional Act 2018" in the US House of Representatives.

In June 2018, Cointelegraph reported that the Financial Services Department of the US House of Representatives had proposed a bill to launch a study on the use of cryptocurrency in sex trafficking.


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