Consumer Safety Technology Act Passes In The House Of Representatives, Heads For Senate
The updated Consumer Safety Technology Act (now includes the Digital Taxonomy Act and the Blockchain Innovation Act) has passed in the House of Representatives and is now headed for the Senate. It has been reported that the Digital Taxonomy Act provides definitions for the terms “digital asset” and “digital unit” and would task the Federal Trade Commission with preventing unfair trade practices in both. The bills have been rolled into a broader piece of legislation aiming to