#USHouseMarketStructureDraft U.S. House Representatives Legislators Introduce Bill on Cryptocurrency Market Structure

As a successor to the so-called FIT21 bill from the last session, the chairs of the House committees have released a discussion draft of a market structure bill.

What to know:

The two relevant committees of the U.S. House of Representatives have published a draft for discussion of legislation that they hope will establish a regulatory framework for cryptocurrencies in the United States.

Based on the previous effort known as FIT21, this version also aims to establish clear boundaries between the cryptocurrency jurisdictions of the Commodity Futures Trading Commission and the Securities and Exchange Commission.

The bill will be the main attraction at a joint hearing on Tuesday.