HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.
![handle is hein.congrecreports/crptxagdr0001 and id is 1 raw text is: AUT-ENTICATED
US. GOVERNMENT
INFORMATION
GPO
118TH CONGRESS REPT. 118-484
2d Session HOUSE OF REPRESENTATIVES Part 1
FINANCIAL INNOVATION AND TECHNOLOGY FOR THE
21ST CENTURY ACT
MAY 6, 2024.-Ordered to be printed
Mr. THOMPSON of Pennsylvania, from the Committee on
Agriculture, submitted the following
REPORT
[To accompany H.R. 4763]
The Committee on Agriculture, to whom was referred the bill
(H.R. 4763) to provide for a system of regulation of digital assets
by the Commodity Futures Trading Commission and the Securities
and Exchange Commission, and for other purposes, having consid-
ered the same, reports favorably thereon with an amendment and
recommends that the bill as amended do pass.
The amendment is as follows:
Strike all after the enacting clause and insert the following:
SECTION 1. SHORT TITLE; TABLE OF CONTENTS.
(a) SHORT TITLE.-This Act may be cited as the Financial Innovation and Tech-
nology for the 21st Century Act.
(b) TABLE OF CONTENTS.-The table of contents for this Act is as follows:
Sec. 1. Short title; table of contents.
TITLE I-DEFINITIONS; RULEMAKING; NOTICE OF INTENT TO REGISTER
Sec. 101. Definitions under the Securities Act of 1933.
Sec. 102. Definitions under the Commodity Exchange Act.
Sec. 103. Definitions under this Act.
Sec. 104. Joint rulemakings.
Sec. 105. Notice of intent to register for digital commodity exchanges, brokers, and dealers.
Sec. 106. Notice of intent to register for digital asset brokers, dealers, and trading systems.
Sec. 107. Commodity Exchange Act savings provisions.
Sec. 108. International harmonization.
Sec. 109. Implementation.
TITLE II-DIGITAL ASSET EXEMPTIONS
Sec. 201. Exempted transactions in digital assets.
Sec. 202. Requirements to transact in certain digital assets.
Sec. 203. Enhanced disclosure requirements.
Sec. 204. Certification of certain digital assets.
Sec. 205. Effective date.
TITLE III-REGISTRATION FOR DIGITAL ASSET INTERMEDIARIES AT THE SECURITIES AND
EXCHANGE COMMISSION
Sec. 301. Treatment of digital commodities and other digital assets.
Sec. 302. Antifraud authority over permitted payment stablecoins.
Sec. 303. Registration of digital asset trading systems.
Sec. 304. Requirements for digital asset trading systems.
55-583](ViewImageLocal?handle=hein.congrecreports/crptxagdr0001&div=1&collection=&method=preview&ext=.png&size=3)