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United States · Bill · S

S. 1357 (118th)

Responsible Digital Asset Advertising Act of 2023

referredUnited States· United States Congress· EN

Introduced

27 April 2023

Last action

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

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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Documents

3 official files

Introduced in Senate (text)

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Sources

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