#DigitalAssetBill USA prepares a law on digital assets: what does the Digital Asset Bill mean?
The crypto market is in the spotlight of lawmakers: the US Congress has introduced the Digital Asset Bill — a draft law that could change the game for bitcoin, stablecoins, and crypto exchanges.
The aim of the draft law is to establish clear guidelines for the regulation of digital assets:
to delineate the powers between the SEC and CFTC,
to define the status of cryptocurrencies — securities or commodities,
to protect investors without excessive pressure on innovation.
Why is this important?
Regulatory uncertainty is one of the main causes of instability in the market. The Digital Asset Bill could provide the industry with clear rules of the game, and institutional investors with confidence to enter the crypto space.
Although the document has not yet been adopted, its support is growing. The market is reacting positively: traders expect that clear legislation will open the doors to the mass adoption of cryptocurrencies.