#Green_lamp

🇺🇸 U.S. Congress: Yes to Crypto, But Under Rules

📜 Republicans have rolled out a bill that finally divides powers between regulators:

— SEC will handle token sales, investments, and everything resembling securities

— CFTC will control exchanges, brokers, and digital goods

⚙️ Inside, there are quite workable things:

— Transparent registration of crypto companies

— Strict KYC: where the money comes from, what assets there are, where and how they are stored

— You can operate in a “transitional mode” — submit a notification and go ahead

🗣️ French Hill: “The law will ensure transparency and user protection. We already have support from both sides.”

⚡️ Interestingly: the text clearly states the right to hold crypto independently.

❌ No regulator can prohibit you from having your own wallet. This is the law.

🚀 SEC and CFTC will even establish their innovation offices. Apparently, they are preparing not only to regulate but also to understand what they are doing.

☝️ But not everything is so peaceful — Democrats in the Senate have already criticized GENIUS (another crypto law), saying there are too many loopholes and political undertones.

🔥 In general, the battle for crypto in Washington is just beginning.