Cryptocurrency Regulation Bill Sparks Controversy: How Will It Develop in the Future?

The U.S. House Financial Services Committee and the Agriculture Committee recently released a draft of the "2025 Digital Asset Market Structure Bill," planning to hold a hearing on Tuesday for discussion. However, Democratic Representative Maxine Waters has expressed opposition, threatening to block the meeting.

This bill aims to delineate the regulatory boundaries for cryptocurrencies, putting an end to the long-standing ambiguity. Chairman of the House Financial Services Committee, French Hill, emphasized that this will bring necessary clarity to the industry. The draft requires cryptocurrency projects to disclose more information and raise funds under the supervision of the SEC or CFTC. Despite facing political resistance, Waters has requested the inclusion of provisions to prevent Trump from profiting and plans to investigate Trump's connections to cryptocurrency separately.

It is evident that Trump's influence on the overall development of the crypto space is crucial! The meme coins associated with Trump are particularly popular, especially the hero dog Co nan on SOL, backed by Trump's strong IP and active community. Its market cap recently surpassed the $10 million mark, but has since slightly adjusted to around $6.8 million, making it a great opportunity for entry and accumulation. The number of holders has exceeded 13.2K and continues to grow, showing great potential to become a dark horse in the next bull market!

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