#USHouseMarketStructureDraft

The US House Market Structure Draft refers to a proposed regulatory framework for digital assets in the United States. Released on May 5, 2025, this discussion draft aims to provide clarity and promote innovation while protecting consumers

*Key Provisions:*

- _Reducing Market Concentration_: The draft lowers the threshold for defining 'affiliated persons' from 5% to 1%, promoting broader market participation

- _Clarifying SEC and CFTC Jurisdiction_: The bill defines the roles of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in regulating digital assets

- _Fostering Innovation_: The draft prioritizes public and permissionless blockchains, allowing digital asset projects to develop under well-defined rules ².

- _Protecting Consumers_: The bill introduces disclosure requirements and registration procedures for digital commodity exchanges

This proposed framework is a significant step towards regulating the digital asset market in the US. A joint hearing is scheduled for May 6 to discuss the draft further