#美国众议院市场结构讨论草案 Major Earthquake in US Crypto Regulation! House of Representatives Launches the Draft of the 'Digital Asset Market Structure Act'

In the early hours of May 6, the US House of Representatives dropped a nuclear-level regulatory draft! This '2025 Digital Asset Market Structure Act,' led by Republican heavyweights French Hill, directly rewrites the rules of the crypto game:

🔥 SEC/CFTC Power Reshuffle

Bitcoin, Ethereum, and other commodities will fall under CFTC's jurisdiction, while securities tokens will be closely monitored by the SEC. The most ruthless part is on page 49, where a 'get out of jail free card' is hidden — secondary market trading of digital commodities will not be considered securities!

💣 Trump Family Clause Ignites Infighting

Democratic Congresswoman Waters threatens to obstruct the hearing, demanding the inclusion of a 'review of Trump family crypto business' clause. A fierce battle between the two parties is anticipated at the May 6 hearing.

⚠️ Retail Investors’ Lifeline

1️⃣ DeFi protocols do not require licenses (as long as they do not touch user funds)

2️⃣ Legalization of self-custody wallets

3️⃣ Exchanges must disclose reserves in a 'naked' manner

Only 90 days remain until the legislative deadline in August, and this regulatory storm may determine whether the US becomes a crypto paradise or hands over the trillion-dollar market to Dubai!

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