#USHouseMarketStructureDraft On May 5, 2025, the Financial Services and Agriculture committees of the U.S. House released a draft legislation regarding the structure of the cryptocurrency market, aiming for greater regulatory clarity. The bill, led by Republicans such as French Hill and Glenn Thompson, defines roles for the SEC and the CFTC, establishes decentralization tests, and sets access rules for retail investors. Despite support from crypto groups, Democrat Maxine Waters, from the Financial Services Committee, blocked a joint hearing, citing concerns about Trump's ties to the sector. The draft follows FIT21, seeking a comprehensive regulatory framework for digital assets.