📜 The U.S. Congress is moving towards comprehensive regulation of crypto!
In a significant legislative move, members of the House of Representatives have introduced the "Digital Asset Market Clarity Act" to regulate the cryptocurrency market in the United States.
⚖️ The law aims to define the powers of regulatory bodies such as the SEC and CFTC, and ensure the protection of customer funds in a clear and organized manner.
💥 Notably, the bill is partially based on the SEC's case against Ripple, reflecting the impact of the case on the future regulatory framework for cryptocurrencies.
Are we soon to see the birth of a law that revives trust in the U.S. market? 🇺🇸💰
