Nonpartisan civic infrastructure
AllCiv·Legis1
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S. 1357

BillFederalSenateIn Committee
To address advertising by digital asset intermediaries, and for other purposes.
About This Bill
Committee
Latest Action · April 27, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
118th (2023–2025)
Introduced
April 27, 2023
Cosponsors (1)
0D 1R
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Summary

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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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