#USHouseMarketStructureDraft U.S. House Takes Fresh Step Toward Crypto Regulation! ššŗšø
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.
Hereās what matters: š¹ Clear rules for what falls under SEC vs. CFTC š¹ A path for decentralized tokens to exit securities oversight š¹ Payment stablecoins treated separately š¹ Protections for developers & validators š¹ Exchanges & trading under Bank Secrecy Act š¹ No special treatment for swaps/derivatives on blockchain
Why now? Because outdated securities laws canāt handle decentralized systems!
Rep. Dusty Johnson put it clearly: āAmerica needs to lead in digital asset innovation ā with clear, commonsense rules.ā
Letās see if tomorrowās joint hearing actually moves this forward! šā³