#USHouseMarketStructureDraft The U.S. House has released a discussion draft of the Digital Asset Market Structure Bill, aiming to provide clear regulatory guidelines for digital assets. 

Key Highlights:

• Clear Regulatory Boundaries: The draft delineates the roles of the SEC and CFTC, with the SEC overseeing digital assets deemed securities and the CFTC regulating digital commodities. 

• Decentralization Criteria: Projects with no single entity controlling more than 10% of token supply may qualify as decentralized, shifting oversight to the CFTC. 

• Retail Investor Access: The bill proposes removing wealth and income restrictions, allowing broader public participation in digital asset markets. 

• Stablecoin Classification: Stablecoins are defined separately, not categorized as securities, but are addressed in a separate legislative effort. 

A joint hearing by the House Financial Services and Agriculture Committees is scheduled for today to discuss the draft. 

#CryptoRegulation #DigitalAssets #BinanceSquare #USHouseDraft