Responsible Self-Regulation Act of 2022

Senate Bill 5286 - Responsible Self-Regulation Act of 2022: Overview, Status, and Impact

Hozzl · 2024-03-13T06:48:41Z

Explore the details of Senate Bill 5286 Responsible Self-Regulation Act of 2022 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

3/13/2024, 6:48 AM

Congressional Summary of S 5286

Responsible Self-Regulation Act of 2022

This bill provides for the registration of an association of digital asset intermediaries with the Securities and Exchange Commission and the Commodity Futures Trading Commission. Upon the written request of a member of the association, a registered digital asset association is allowed to make an initial determination of the legal character of a digital asset, including as a security, an ancillary asset, or a commodity.

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Current Status of Bill S 5286

Bill S 5286 is currently in the status of Bill Introduced since December 15, 2022. Bill S 5286 was introduced during Congress 117 and was introduced to the Senate on December 15, 2022. Bill S 5286's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of December 15, 2022