#USHouseMarketStructureDraft
š¢ US House Market Structure Draft: Crypto Regulation Update šØš„
The US House of Representatives has released a discussion draft of the Digital Asset Market Structure bill, aiming to clarify digital commodity treatment. Key provisions include:
- Digital commodities not classified as securities
- Decentralization test for digital commodities
- Exemptions for non-custodial DeFi protocols
- Clarity on stablecoins
This draft could increase market confidence, reduce regulatory uncertainty, and pave the way for broader cryptocurrency adoption. The House Committee on Financial Services is set to discuss the draft's implications in a hearing.