#USHouseMarketStructureDraft

#USHouseMarketStructureDraft is impacting crypto:

1. Purpose of the Draft Bill

The draft aims to clarify how cryptocurrencies are classified—whether as securities (regulated by the SEC) or commodities (regulated by the CFTC).

It seeks to build a clear framework for exchanges, custody, and stablecoins, which is currently fragmented and unclear in the U.S.

2. Political Drama

A bipartisan hearing was canceled after Democrats raised concerns over Donald Trump’s personal involvement in crypto, including meme coins and a crypto company.

This has slowed momentum on the bill and brought ethical concerns to the forefront.

3. Market Reaction

Crypto investors are hopeful, as clearer regulation could bring big institutional money into the space—but delays and political interference raise uncertainty.

So far, the market is neutral to slightly cautious, waiting to see how Congress moves forward.

4. Outlook

If the draft progresses with balanced regulation, crypto prices could benefit in the long term.

But if political conflict stalls it, the regulatory uncertainty will persist, which is typically bearish for U.S.-based crypto innovation and investment.