This is a crypto bill (proposed) in the works in the US Congress. It does appear to have much support to pass the Senate but it is good for analyzing what future crypto legislation/regulation will look like moving forward. We are unlikely to see any crypto legislation/regulation pass until after 2022 Mid Term Elections. So may see another proposed bill in 2023 1st Quarter.
Here are locally referenced PDFs for the: Lummis-Gillibrand Responsible Financial Innovation Act
SIL22691 (Complete Bill – Lummis-Gillibrand Responsible Financial Innovation Act)
Lummis-Gillibrand Section-by-Section [Final] (shorter version of Bill – section by section)