#USHouseMarketStructureDraft The U.S. House Market Structure Draft: A New Era for Cryptocurrency RegulationOn May 5, 2025, the U.S. House of Representatives took a significant step toward shaping the future of cryptocurrency regulation by releasing a discussion draft of a comprehensive market structure bill. Spearheaded by the House Financial Services Committee and the House Agriculture Committee, this legislation builds on the foundation of the Financial Innovation and Technology for the 21st Century Act (FIT21) and aims to establish a clear regulatory framework for digital assets in the United States. As the crypto industry seeks clarity amidst a rapidly evolving landscape, this draft bill represents a pivotal moment for developers, investors, and regulators alike. #BTCtrade

Background: The Need for Regulatory ClarityThe cryptocurrency industry in the U.S. has long operated in a regulatory gray area, with overlapping jurisdictions between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) creating uncertainty. The SEC has traditionally viewed many digital assets as securities, subjecting them to stringent disclosure and registration requirements, while the CFTC has treated certain cryptocurrencies, like Bitcoin and Ethereum, as commodities. This jurisdictional tug-of-war has stifled innovation, driven businesses overseas, and left consumers vulnerable to fraud and market manipulation.The FIT21 Act, which passed the House with bipartisan support in 2024 but stalled in the Senate, was a previous attempt to address these issues. The new discussion draft, introduced by Representatives French Hill (R-AR), G.T. Thompson (R-PA), Bryan Steil (R-WI), and Dusty Johnson (R-SD), refines FIT21’s approach, aiming to provide “much-needed regulatory clarity” while aligning with President Donald #Trump’s vision to make the U.S. the “crypto capital of the world.”#TradeStories