Digital Asset Bill USA: The Law on the Structure of the Digital Asset Market and Investor Protection (H.R. 5745)

Objective: The bill aims to establish a clear regulatory framework for digital assets in the USA, delineating powers between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). 

Key Provisions:

• Grants the CFTC the authority to regulate digital assets that function as commodities in the spot market.

• The SEC retains authority over digital assets offered as part of an investment contract (i.e., securities).

• Establishes consumer protection and anti-fraud requirements for registered entities.

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