#USHouseMarketStructureDraft #USHouseMarketStructureDraft: The US House of Representatives has released a draft regarding the reform of the digital asset market structure. The document aims to create clear rules for regulating cryptocurrency exchanges, custodians, and stablecoin issuers.

Key provisions include the delineation of responsibilities between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), the establishment of licensing and registration requirements for crypto platforms, as well as measures to protect investors.

The draft has elicited mixed reactions within the crypto industry. Some view it as an important step towards legitimizing the market, while others fear excessive regulation that could stifle innovation. Active debates and possible changes are expected before the final vote. #CryptoRegulation #DigitalAssets #USCongress