U.S., Wall Street and the fintech industries for a bill on cryptocurrency

Representatives from Wall Street, venture capitalists and the cryptocurrency industry are having a roundtable ahead of a bill for introduction of a regulation this fall.
Nearly 50 representatives from U.S. financial giants and cryptocurrency startups are set to meet with Washington lawmakers to talk through what some say is an incomplete and murky regulatory landscape.
U.S. financial watchdogs have been balancing consumer protection and innovation in the multibillion-dollar market. Still, crypto industry leaders have complained that laws need to be updated to accommodate the complex new digital asset class.