#USHouseMarketStructureDraft
Today, May 6, 2025, the US House of Representatives released a draft bill on the Structure of Digital Asset Markets aimed at clarifying the roles of the SEC and CFTC in regulating crypto assets. The bill defines "digital commodities" and establishes that decentralized assets will be under the oversight of the CFTC, while centralized assets remain under the SEC. The bill also removes wealth limitations for retail investors and introduces clear decentralization criteria. However, the bill faces opposition from Democrats, including Rep. Maxine Waters, who highlights the potential conflict of interest of President Trump in the crypto industry.