A Turning Point in U.S. Crypto Regulation: The House Passes Important Crypto Legislation
Recently, the U.S. House of Representatives passed the '21st Century Financial Innovation and Technology Act,' the first comprehensive legislative attempt to regulate the crypto industry in the United States. The bill clarifies the regulatory roles of the SEC and CFTC, providing legal certainty for compliant exchanges. The market reacted positively, with mainstream crypto assets generally rising. However, the bill still needs to be reviewed by the Senate, and the final version may be adjusted. Industry insiders say that regardless of the outcome, this marks the beginning of the normalization of U.S. crypto regulation.