#USHouseMarketStructureDraft

As of May 6, 2025, a new bill regarding the structure of the digital asset market — US House Market Structure Draft — is actively being discussed in the US House of Representatives. This document, presented by the Republican chairs of the Committees on Financial Services and Agriculture, aims to establish clear rules for regulating cryptocurrencies in the US.

Key provisions of the bill:

Redistribution of powers among regulators: The draft proposes to transfer the regulation of most crypto assets from the Securities and Exchange Commission (SEC) to the Commodity Futures Trading Commission (CFTC), recognizing them as "digital goods."

Definition of "mature blockchain systems": Criteria are established for networks that are decentralized, open, automated, and not controlled by a single person or organization.

Mechanism for existing networks: A process is provided for determining the legal status of blockchain networks launched before the enactment of the law.