#USHouseMarketStructureDraft The U.S. Congress releases key draft to redefine the crypto market
When we say that crypto regulation is on the way, drafts like this confirm it. The House Financial Services Committee has just presented a preliminary version of the Digital Asset Market Structure Act, and although it is not final, it sets the playing field for the coming years.
What does this draft propose?
It clearly defines what a security is and what a commodity is in the crypto world.
It gives more power to the CFTC to oversee tokens like BTC and ETH.
It creates a process for projects to be able to “decentralize” over time and exit the SEC’s jurisdiction.
It requires transparency, audits, and minimum standards for exchanges and issuers.
Why does it matter?
This draft could break the legal limbo that the crypto sector is experiencing in the U.S.
It offers a clear path for legitimate projects but also tightens the rules for those that do not comply.
The decisions made here will influence global regulations.
Highlighted quote:
"We want clarity, not chaos. This draft is a foundation for building a legal and sustainable crypto ecosystem." — Patrick McHenry, committee chairman
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