#USHouseMarketStructureDraft #USHouseMarketStructureDraft

A new bill proposed by the U.S. House of Representatives potentially changes the game for the crypto market. The market has long needed a clear regulatory framework, and this draft is a serious bid. Among the key points are the definitions of which tokens are securities and which are commodities, as well as the distribution of powers between the SEC and CFTC. If the framework is transparent, it could provide a new impetus for institutional entry into crypto. However, if the document is too restrictive, it could conversely deter investors. In any case, this draft will serve as a test of whether the U.S. government is ready for constructive dialogue with the industry.