💫 Briefly about the upcoming regulation
❗The SEC will be responsible for capital raising, token sales, and public offerings of assets that have the characteristics of securities;
❗According to the document, the SEC and CFTC will clearly divide the powers to supervise the market.
❗The bill will also legalize token sales.Republican members of the US House of Representatives have introduced a bill to regulate the digital asset industry. The document defines the powers of the US Securities and Exchange Commission (SEC) and the US Commodity Futures Trading Commission (CFTC).
❓It seems not bad