#USHouseMarketStructureDraft U.S. House Takes Fresh Step Toward Crypto Regulation! ๐๐บ๐ธ
A new 212-page draft bill has been released by key House Republicans aiming to create a clear framework for regulating crypto in the U.S.
Hereโs what matters: ๐น Clear rules for what falls under SEC vs. CFTC ๐น A path for decentralized tokens to exit securities oversight ๐น Payment stablecoins treated separately ๐น Protections for developers & validators ๐น Exchanges & trading under Bank Secrecy Act ๐น No special treatment for swaps/derivatives on blockchain
Why now? Because outdated securities laws canโt handle decentralized systems!
Rep. Dusty Johnson put it clearly: โAmerica needs to lead in digital asset innovation โ with clear, commonsense rules.โ
Letโs see if tomorrowโs joint hearing actually moves this forward! ๐โณ