CoinWorld news, according to FinanceFeeds, the U.S. House of Representatives will hold a hearing on the cryptocurrency market structure bill on June 10.
The bill aims to establish a comprehensive regulatory framework for digital assets in the U.S., clarifying whether certain cryptocurrencies should be considered securities or commodities, thus determining whether the primary regulation is conducted by the U.S. Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC). The bill also includes clear operational guidelines for digital asset classification, cryptocurrency exchanges, token issuers, and custodians, as well as enhanced consumer protection measures.