#USHouseMarketStructureDraft š§© Key Provisions of the Draft Bill
Regulatory Clarity: The bill delineates clear boundaries between the jurisdictions of the CFTC and SEC, aiming to reduce overlap and confusion in digital asset regulation.
Decentralization Criteria: Digital assets operating on decentralized networks may be exempt from SEC oversight, shifting regulatory responsibilities to the CFTC.
Transparency Measures: Project members holding more than 1% of a token's total supply would be required to disclose their holdings, promoting transparency and reducing potential conflicts of interest.
Legacy Asset Classification: The bill provides a mechanism to determine the legal status of blockchain networks launched before the enactment of the law, offering clarity to existing projects.
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