#DigitalAssetBill (Draft before May 6 Hearing)
Clarity vs. Confusion
- ✅ Defines SEC vs. CFTC roles → fewer legal gray zones 🤔👍💯
- ✅ Stablecoin reserve rules → builds trust 👍😊🙏
- ❌ Dual oversight → doubles compliance 🙁😓😩
- ❌ Vague “decentralized” term → sparks lawsuits 😡🤬💥
Boost Adoption
- Single regulator (CFTC) ✅💯👍
- DeFi carve-outs 👍🙌🙏
- Fiat-on-ramp consumer safeguards 🛡️✅😊
Risk Factors
- Broad “security” labels → kills startups 📉😭👎
- Heavy enforcement → drives projects offshore ✈️💨❌
- Stablecoin bans → U.S. loses market share 📉🇺🇸😭
> Key: Smart, tech-aware rules can cement U.S. leadership—overreach will push crypto abroad. 🇺🇸🤝🌍.
