Announced #وزارة_الخزانة_الأمريكية about the imminent issuance of a comprehensive regulatory framework for cryptocurrencies by September.

The Director of Digital Assets, Brian Rose, stated that the United States is committed to enacting market structure legislation before the end of the third quarter. This legislation will clarify the rules for stablecoins, the jurisdiction of the U.S. Securities and Exchange Commission (#SEC ) and the Commodity Futures Trading Commission (#CFTC ), and how decentralized finance platforms (#DeFi ) will be registered.

This will be the first time that cryptocurrency markets will have a clear set of rules in the United States, potentially ending years of confusion, lawsuits, and enforcement-driven regulation. This is especially crucial as institutions are preparing to expand their exposure.

Shares of $SOL and $AVAX jumped by 4-6% in the 12 hours following the announcement. Decentralized finance tokens also saw a slight increase. Analysts say that even the expectation of clarity has begun to be factored in.

Stay tuned for the release of a bill before the August holiday. If passed, it could represent September as the beginning of a regulatory push towards expanding cryptocurrencies. #NODEBinanceTGE