#USHouseMarketStructureDraft | Is America Finally Moving Towards Crypto Regulation?
In a long-awaited move, the U.S. House of Representatives has introduced a new draft bill to regulate the digital asset market.
But what makes this draft different? And why is everyone talking about it now?
What is the draft?
It is a bill aimed at establishing clear rules for the crypto world and defining who regulates what.
Instead of the ongoing battle between the SEC and CFTC, the draft proposes a division of roles:
Assets that resemble stocks? Under the supervision of the SEC.
Assets that resemble commodities like Bitcoin? Governed by the CFTC.
Why is this important?
Greater clarity for projects: Know whom you are dealing with.
Protection for investors: Transparent regulation reduces fraud.
Support for innovation: Decentralized DeFi projects may be granted exemptions from certain laws.
Something new? Yes!
The draft legally defines the concept of "decentralization" for the first time:
No party is allowed to own more than 10% of the currency.
The network must be open-source and not controlled by a single entity.
Is it a done deal?
No! There is political controversy, and some representatives oppose the draft for political and personal interest reasons.
But it is a serious start towards a regulatory framework that the crypto community has long demanded.
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In summary:
If this law is passed, we may be on the brink of a new era for the digital currency market in America…
More clarity, more safety, and perhaps… more growth.