Amendment · S.Amdt. 2316· Senate(119-SAMDT-2316)
S.Amdt. 2316
Age: 77 years
Massachusetts
- Introduced
- 6/9/2025
- Sponsored by
- Elizabeth Warren
- Cosponsors
- None
- Changes bill
- 119-S-1582 — GENIUS Act
- Introduced
- Pending Consideration
- Failed
What this amendment would do
- Defines a key term: The amendment adds a definition for a digital asset service provider to the bill.
- Sets the rules: It explicitly states that a digital asset service provider is anyone who does business in the United States for a profit or compensation by doing specific crypto-related activities.
- Covers specific actions: The activities include exchanging digital assets for money or other digital assets, transferring them to someone else, acting as a custodian, or taking part in financial services related to issuing digital assets.
- 6/9/2025
- Senate amendment submitted
This bill has no cosponsors