$BTC
The major news updates in the cryptocurrency field as of early May 2025, compiled from various sources:
1. Policy and Regulatory Dynamics
2. Draft discussion of the US (Digital Asset Market Structure Bill) released
The US House Financial Services Committee released a draft discussion of the (2025 Digital Asset Market Structure Bill), aimed at establishing a unified regulatory framework, clarifying definitions of digital goods, stablecoins, decentralized finance (DeFi), etc., and granting the CFTC and SEC divided regulatory authority. The bill emphasizes consumer protection and promotes innovation and is currently in the public consultation .