ETFdb Logo
  • ETF Database
  • Channels
    • Themes
      • Active ETF
      • Alternatives Channel
      • Artificial Intelligence
      • China Insights
      • Climate Insights
      • Core Strategies
      • Crypto
      • Disruptive Technology
      • Energy Infrastructure
      • ETF Building Blocks
      • ETF Education
      • ETF Investing
      • ETF Strategist
      • Faith-Based Investing
      • Financial Literacy
      • Fixed Income
      • Free Cash Flow
      • Innovative ETFs
      • Invest Beyond Cash
      • Leveraged & Inverse
      • Modern Alpha
      • Portfolio Strategies
      • Tax Efficient Income
    • Asset Class
      • Equity
        • U.S. Equity
        • Int'l Developed
        • Emerging Market Equities
      • Alternatives
        • Gold/Silver/Critical Materials
        • Crypytocurrency
        • Currency
        • Volatility
      • Fixed Income
        • Investment Grade Corporates
        • US Treasuries & TIPS
        • High Yield Corporates
        • Int'l Fixed Income
    • ETF Ecosystem
    • ETFs in Canada
    • Market Outlook
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Database Categories
    • Indexes
    • Scenario Analysis
    • Watchlists
    • Head-To-Head ETF Comparison Tool
    • Mutual Fund To ETF Converter
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • Gaining Perspective Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Crypto Channel
  2. Crypto Logs: Regulations Introduced, Few Materialized
Crypto Channel
Share

Crypto Logs: Regulations Introduced, Few Materialized

Roxanna Islam, CFA, CAIAOct 28, 2022
2022-10-28

Crypto regulation has been widely discussed as one of the necessary steps for the digital asset market to mature and become truly mainstream. According to a report by the Value Technology Foundation, over 50 bills have already been introduced addressing the crypto landscape. These bills address a range of topics including crypto taxation, central bank digital currencies, clarity on regulatory treatment of digital assets, blockchain technology, sanctions, and limitations on use of crypto by elected officials.

While mature industries often fear regulations because they believe they may stifle innovation, many crypto advocates are looking for regulation and guidance to support the newer digital asset industry. More clarity, regulation, and education could help provide investor protection particularly with the increased popularity of celebrity endorsements and release of new stable coins and alt coins (i.e., events like the Terra crash). Regulations could also help increase market stability, provide guidance for companies to innovate new products, and attract institutional investors who currently have regulatory hurdles or are still cautiously waiting in the sidelines.

Currently, only a few bills affecting digital assets have actually become law including the Infrastructure Investment and Jobs Act, which provides some guidelines for crypto tax reporting requirements. But the majority of crypto-related bills have only been introduced and have not yet been finalized.(1) While regulatory attention is a significant step, these bills will need to be passed before having a real impact on the industry. These are some of the bills in the pipeline:

Digital Taxonomy Act (H.R. 3638)

  • Introduced May 28, 2021
  • Directs the Federal Trade Commission (FTC) to transmit to Congress a report on the FTC’s actions related to digital tokens including addressing unfair or deceptive trade practices.

Digital Asset Market Structure and Investment Protection Act (H.R. 4741)

  • Introduced July 28, 2021
  • Provides regulation for digital assets. Grants the Commodities Futures Trading Commission (CFTC) authority over digital assets and grants the Securities and Exchange Commission (SEC) authority over digital asset securities.

Digital Commodity Exchange Act (H.R. 7614)

  • Introduced April 28, 2022
  • Provides for orderly and secure digital commodity exchange markets including conditions for sale of digital commodities and registration of exchanges.

Lummis-Gillibrand Responsible Financial Innovation Act (S. 4356)

  • Introduced June 7, 2022
  • Provides for responsible financial innovation and to bring digital assets into regulatory view.

Digital Commodities Consumer Protection Act of 2022 (H.R. 8950)

  • Introduced September 22, 2022
  • Amends the Commodity Exchange Act to provide the Commodities Futures Trading Commission (CFTC) jurisdiction to oversee the spot digital commodity market.

Bottom Line:

Because the crypto/digital asset market is still in its early stages, regulation is considered a positive for the industry and could stimulate further retail and institutional investor interest. There are increasingly more bills being introduced into Congress, but most of these have yet to materialize.

The Alerian Galaxy Global Cryptocurrency-Focused Blockchain Equity, Trusts and ETPs Index (CRYPTO) is the underlying index for the Invesco Alerian Galaxy Crypto Economy ETF (SATO). 

The Alerian Galaxy Global Blockchain Equity, Trusts and ETPs Index (BCHAIN) is the underlying index for the Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC).

Related Research:

Crypto Logs: ETH Merge Has Minor Impact on BTC-Focused Equities

Crypto Logs: Two Questions on Correlation

Crypto Logs: Bitcoin ETFs vs. Index-Based Crypto ETFs

Crypto Logs: Looking Beyond Bitcoin into Crypto Equities

(1) All info from www.congress.gov

For more news, information, and strategy, visit the Crypto Channel.

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2025 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X