#USHouseMarketStructureDraft
US House released a crypto market structure draft on May 5, 2025, clarifying digital asset regulations. 📜
It separates SEC and CFTC roles, exempts non-custodial DeFi, and defines stablecoins without labeling them securities. ⚖️
Aims for transparency but faces Senate pushback on stablecoin rules. 🏛️