#FOMCMeeting avoiding the FOMO of something I have no idea | ile Ponce on Binance Square

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#FOMCMeeting   avoiding the FOMO of something I have no idea about ....my day 2 without an expert friend in this stuff to talk to.

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House again tackles regulation of cryptocurrencies Key leaders in the House of Representatives have taken a fresh stab at writing a comprehensive scheme to regulate cryptocurrencies in the U.S. Why it matters: The question of which digital assets are subject to securities laws, and which aren't, has been a significant point of friction between the government and the industry since at least 2017, when entrepreneurs started raising money by issuing tokens en masse. Driving the news: The Republican chairs of the House Financial Services and Agriculture committees, along with those of each ones' digital asset subcommittees, released a discussion draft of digital asset market structure legislation on Monday. The 212-page bill would define which tokens or coins fall under the jurisdictions of the CFTC and the SEC, and how a digital asset can graduate out of a more restricted SEC-oversight to becoming a digital commodity. It carves out payment stablecoins from the two categories, and deals with exchanges and trading of both kinds of assets. Case in point: Markets for secondary trading would all be subject to the Bank Secrecy Act. Zoom in: It creates a path for issuing a digital asset, selling it and raising funds without it being defined as a security under the Securities Act of 1933. Groups issuing new digital assets that they intend to decentralize would have a process for progressively decentralizing a system. Teams that believe their blockchain system has matured — such that it's not under the control of any single entity — would be required to make a certification to the commission with various disclosures. The legislation then lays out a timeline where either the certification becomes effective, or the commission can engage in more consideration. Context: Many digital assets are designed to pay a system — that no one controls — to do work for the system's users. In most cases, digital assets don't exist to confer legal rights to holders or generate yield, as traditional financial instruments do.#USHouseMarketStructureDraft

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#USHouseMarketStructureDraft regulaciones ???

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#USHouseMarketStructureDraft reformas y facilidades ?

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cómo puedo hablar contigo?

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