#USHouseMarketStructureDraft
🇺🇸 US House Market Structure Draft – A Game Changer for Crypto Regulation! 📜⚖️
A proposed bill is on the table to set a clear regulatory framework for digital assets in the United States. Introduced by Reps. French Hill, G.T. Thompson, Bryan Steil, and Dusty Johnson, this draft outlines distinct roles for the SEC and CFTC in overseeing crypto markets. 🚀
🔑 Key Provisions:
• SEC Oversight 🛡️ – Digital assets classified as investment contracts will be regulated by the SEC.
• CFTC Oversight 📊 – Decentralized assets (passing the decentralization test) will be treated as commodities, regulated by the CFTC.
• Decentralization Test 🔍 – A project is "decentralized" if:
✔ No single party has unilateral control
✔ No party holds >10% of token supply
• Investor Access 👫 – Removes wealth & income restrictions, opening digital markets to retail investors.
• Disclosure Requirements 📝 – Developers must disclose token holdings >1% of total supply.
• Stablecoin Definition 💵 – Stablecoins are defined, but full regulation will come via a separate bill.
🌟 Potential Impact:
• Provides regulatory clarity, protecting consumers & fueling innovation 🔥
• Could position the US as a global crypto leader, aligning with Trump’s vision to make America the “crypto capital of the world” 🇺🇸🚀
🗓️ What’s Next?
• A joint hearing — “American Innovation and the Future of Digital Assets: A Blueprint for the 21st Century” — will debate the draft bill.
• The bill must navigate the legislative process, with challenges and revisions likely ahead ⚖️
Stay tuned — the future of crypto regulation is unfolding fast! ⚡️