#USHouseMarketStructureDraft The U.S. House of Representatives has introduced a new draft of the Digital Asset Market Structure legislation, aiming to bring clarity to the regulation of cryptocurrencies. This proposal seeks to delineate the responsibilities of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) concerning digital assets. Specifically, it provides a framework for determining whether a digital asset should be classified as a security or a commodity, based on factors like decentralization and functionality. The draft also outlines processes for the issuance and trading of digital assets, ensuring they comply with existing financial regulations. This initiative represents a significant step toward establishing a comprehensive regulatory environment for digital assets in the U.S. #USHouseMarketStructureDraft
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