🇺🇸 US Senate Unveils Major Bill to Regulate Crypto, Targeting $BTC & $ETH !

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A new bill in the US Senate proposes significant changes to cryptocurrency regulation, designating $BTC and ETH as "digital commodities" under the CFTC's jurisdiction. This move aims to bring spot trading under a federal framework, separate exchange operations, and restrict listings to non-manipulatable assets. The bill's passage could reshape institutional adoption and curb memecoin-driven scams.

The sentiment is cautiously optimistic, suggesting a move towards greater clarity and institutional embrace, but with potential challenges for certain crypto assets.

How do you think this bill will impact the crypto market? #CryptoRegulationBattle

BTC

90,849.99

-0.18%

ETH

2,998.16

-1.70%