New Regulatory Signal for Crypto
The U.S. House of Representatives is preparing to unveil a new regulatory draft that could shape the future of the cryptocurrency markets, just ahead of a key hearing scheduled for May 6. This move could mark the first step toward long-awaited comprehensive crypto legislation.
The draft is expected to resemble last year’s FIT 21 proposal (The Financial Innovation and Technology for the 21st Century Act), aiming to bring clarity to stablecoins, digital asset oversight, and market structure.
The theme of the upcoming hearing:
"American Innovation and the Future of Crypto: A Framework for the 21st Century"
This indicates that the U.S. is beginning to approach crypto more decisively and systematically.
The draft seeks to provide a broader framework not only for stablecoins but for the entire crypto sector, signaling the potential beginning of a new era in Washington’s stance on digital assets.