#USHouseMarketStructureDraft: The USA is preparing for a crypto revolution 🇺🇸📜
On May 5, the U.S. House of Representatives introduced a new bill regarding the structure of the digital asset market — Digital Asset Market Structure Draft.
🔍 Key points:
• Clear distribution of regulators: SEC oversees centralized tokens, CFTC — decentralized assets.
• Transparency for investors: restrictions for retail investors are removed, opening access to digital assets.
• Definition of blockchain network status: a mechanism for classifying networks launched before the law comes into effect.
However, it’s not all straightforward: Representative Maxine Waters is blocking joint hearings, citing concerns over the growing influence of cryptocurrencies on politics.
📈 What does this mean for the market?
This bill could become a turning point for the crypto industry in the USA, establishing clear rules of the game and fostering innovation.
