A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the House Financial Services Committee, according to a copy of the draft legislation.

<p>A <a href="https://www.cnbc.com/2019/07/15/us-proposes-barring-tech-companies-from-offering-financial-services.html">proposal</a> to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the House Financial Services Committee, according to a copy of the draft legislation.</p>

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