#USHouseMarketStructureDraft U.S. House Moves Forward on Crypto Regulation with New Draft Bill

House Republicans have unveiled a 212-page draft bill aimed at establishing a comprehensive regulatory framework for digital assets in the U.S.

Key highlights of the proposal:

Clear division of oversight between the SEC and CFTC

A defined process for decentralized tokens to move out of securities regulation

Separate treatment for payment stablecoins

Legal protections for developers and validators

Exchanges and trading platforms subject to the Bank Secrecy Act

No preferential rules for blockchain-based swaps or derivatives