Turning Point for US Crypto Regulation: House Passes Important Crypto Bill
Recently, the US House of Representatives passed the '21st Century Financial Innovation and Technology Act', marking 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 go through Senate review, and the final version may undergo adjustments. Industry insiders say that regardless of the outcome, this signifies the beginning of a move towards standardized regulation for US crypto.