The House Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets considered proposed legislation on market exchange reform.
Ranking Member of the House Committee on Agriculture Glenn Thompson (R-PA) released a revised draft of the Digital Commodity Exchange Act, a bill "to bring certainty to developers, intermediaries, and customers in the digital asset marketplace by establishing clearly defined rules."
In a letter to SEC Chair Gary Gensler, Senator Elizabeth Warren requested information on the SEC's authority to regulate cryptocurrency exchanges.
The U.S. House Financial Services Committee considered proposed legislation in response to the GameStop and Archegos trading events.
The U.S. Senate Financial Services Committee considered five bills, which would mandate that regulated entities disclose "diversity data".