#FOMCMeeting The FOMC (Federal Open Market Committee) meeting isn't directly mentioned in the latest news. However, I can tell you that the crypto market is currently more focused on the new digital asset market structure discussion draft released by the US House of Representatives.
This draft aims to:
Establish Regulatory Clarity: Define the roles of the SEC and CFTC in overseeing digital assets
Decentralization Test: Determine when a project is considered decentralized and falls under commodities regulation
Investor Access: Remove wealth and income restrictions for retail investors, allowing broader participation
The draft also proposes exemptions for decentralized finance (DeFi) protocols that are non-custodial and don't exercise discretionary control over users' funds. A joint hearing titled "American Innovation and the Future of Digital Assets: A Blueprint for the 21st Century" is scheduled to discuss the contents of the draft .
If you're interested in learning more about the FOMC meeting, I'd recommend checking the Federal Reserve's official website for updates. Would you like more information on the digital asset market structure draft or the FOMC meeting specifically?