#DigitalAssetBill The United States has proposed several digital asset bills, with a significant example being H.R.5745 - Digital Asset Market Structure and Investor Protection Act. Introduced during the 118th Congress (2023-2024), this bill seeks to:
Define digital assets: Provide clear definitions and classifications for digital assets, including cryptocurrencies and digital tokens.
Regulate digital asset markets: Establish comprehensive regulatory standards for exchanges, custody services, and other participants in the digital asset market.
Protect investors: Implement safeguards such as disclosure requirements, anti-money laundering measures, and risk transparency to ensure investor protection.
Key Features of the Bill:
Oversight by SEC and CFTC: It delineates the responsibilities of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in regulating digital assets.