#DigitalAssetBill
The United States has introduced several bills related to digital assets, most notably Bill No. 5745 - The Digital Asset Market Structure and Investor Protection Act. This bill was introduced in the 118th Congress (2023-2024) and aims to:
- *Define digital assets*: Clarify the definition and classification of digital assets, including cryptocurrencies and other digital tokens.
- *Regulate digital asset markets*: Establish regulatory requirements for digital asset exchanges, custody services, and other market participants.
- *Protect investors*: Implement measures to protect investors, including disclosure requirements, anti-money laundering provisions, and risk disclosures.
Some key aspects of the bill include:
- *Oversight by the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC)*: The bill outlines the roles of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in regulating digital assets.
- *Classification of digital assets*: The bill proposes a framework for classifying digital assets as securities, commodities, or other types of digital assets.
- *Market structure*: The bill aims to establish a clear market structure for digital assets, including trading, custody, and settlement rules.