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- H.R.5496
H.R.5496: Clarity for Digital Tokens Act of 2021
About This Bill
- Introduced Oct. 5, 2021
- Latest Major Action Oct. 5, 2021
Bill Sponsor
Bill Cosponsors
3 (All Republicans)
Bill Version
- Introduced in House - Oct. 5, 2021
Bill Summary
Clarity for Digital Tokens Act of 2021 This bill excludes certain offerings of digital tokens (i.e., a digital representation of value or rights recorded on a publicly available ledger) from securities registrations. The exclusion from securities registration is in effect until the later of 3 years from the date of the first sale of a token or 3 years after the effective date of the bill. During this exclusionary period, the initial...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Oct. 5, 2021 |
Referred to the House Committee on Financial Services.
|
| Oct. 5, 2021 |
Introduced in the House by Patrick T. McHenry (R-N.C.) |