A U.S. congressman from Arizona has introduced the Cryptocurrency Act of 2020 while under coronavirus quarantine. The bill clarifies which federal agencies regulate which type of crypto assets. “It’s crucial that America remains the global leader in cryptocurrency,” the lawmaker said.
Cryptocurrency Act of 2020 Introduced
Rep. Paul Gosar revealed on Monday that he has introduced “the Crypto-Currency Act of 2020.” The lawmaker and some of his staff members are currently under self-quarantine after being exposed to an individual infected with the coronavirus. He wrote:
We may be quarantined, but our work continues. In fact, I just introduced the Crypto-Currency Act of 2020, a bill that my team has worked hard on over the past several months.
“By providing much-needed regulatory clarity about cryptocurrency, we will make it easier for businesses, institutions, and everyday Americans to participate in this growing industry. No more murkiness, uncertainty, or confusion,” the lawmaker detailed.
Gosar has served as a member of the U.S. House of Representatives from Arizona since 2011. The lawmaker is currently under self-quarantine after he and some of his staff members came in contact with an individual who has since tested positive for and is hospitalized for COVID-19. During the Conservative Political Action Conference (CPAC), he shook hands with the individual several times. While insisting that he is not experiencing any symptoms, Gosar said, “I will remain at my home in Arizona until the conclusion of the 14 day period following my interaction with this individual.” He added that his
