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Responsible Digital Asset Advertising Act of 2023

USA118th CongressS-1357| Senate 
| Updated: 4/27/2023
Kyrsten Sinema

Kyrsten Sinema

Independent Senator

Arizona

Cosponsors (1)
Cynthia M. Lummis (Republican)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Responsible Digital Asset Advertising Act of 2023 This bill sets forth requirements for the advertising of digital assets. Advertisements must not make any false or misleading claims or omit any material fact or qualification. Advertisements must also disclose applicable fees and whether someone was paid for a testimonial. The Securities and Exchange Commission and the Commodity Futures Trading Commission must enforce this bill and may collect fees to offset the cost of supervising these advertisements.
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Timeline
Apr 27, 2023
Introduced in Senate
Apr 27, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • April 27, 2023
    Introduced in Senate


  • April 27, 2023
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Related Bills

  • S 118-2281: Lummis-Gillibrand Responsible Financial Innovation Act

Responsible Digital Asset Advertising Act of 2023

USA118th CongressS-1357| Senate 
| Updated: 4/27/2023
Responsible Digital Asset Advertising Act of 2023 This bill sets forth requirements for the advertising of digital assets. Advertisements must not make any false or misleading claims or omit any material fact or qualification. Advertisements must also disclose applicable fees and whether someone was paid for a testimonial. The Securities and Exchange Commission and the Commodity Futures Trading Commission must enforce this bill and may collect fees to offset the cost of supervising these advertisements.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 27, 2023
Introduced in Senate
Apr 27, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • April 27, 2023
    Introduced in Senate


  • April 27, 2023
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Kyrsten Sinema

Kyrsten Sinema

Independent Senator

Arizona

Cosponsors (1)
Cynthia M. Lummis (Republican)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • S 118-2281: Lummis-Gillibrand Responsible Financial Innovation Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted