#美国众议院市场结构讨论草案

In 2025, the United States House of Representatives released a discussion draft on the structure of the digital asset market, clearly delineating the regulatory responsibilities of the SEC and CFTC, and distinguishing between digital commodities and securities based on the nature of the assets. The draft introduces a decentralized certification and registration system for trading platforms, and establishes a joint advisory committee to enhance regulatory coordination and support for innovation. This move is expected to bring a clear legal framework to the crypto market and stabilize investor confidence.