Traders Magazine (August 10)
2022/ 08/ 13 by jd in Global News
The U.S. Congress is “swamped with crypto legislation” with over 150 legislative items under consideration. To be coherent, these would require a great deal of alignment. Moody’s Investors Service has stated that “a clear regulatory and supervisory framework with the potential to prevent fraudulent activity and provide clear guidance to allow companies to innovate would be credit positive.” But, Moody’s also believes it “will be important to achieve international consistency in regulatory and supervisory approaches, such as in the legal validity of smart contracts.”
Tags: Smart contracts
