“As a successor to the so-called fit21 Bill in the Last Session, The Committee Chairs in the House have released a discussion Draft of a market struccriture Bill.”, – WRITE: www.coindesk.com
The House Financial Services Committe and Huse Agriculture Committee-Both Sharing Responsibility for The Jurisdification-Hoping Assets-Released A Working Draft of A Bill on MonDay Report. The Financial-Service Panel, SAID CAN DELIVER “MUCH-NEEDED REGULATORY CLARITY.”
“Today Marks The FIRST STEP IN Advancea A ComprehenSive Framework that Protects Consumers, Fosters Innovation, and Closes Regulatory Gaps in Oversight,” SAID REPRESENTATIVE GLENNNNNNNNNNANNNNNNA Agricultural Committee, WHICH HAS OVERSIGHT OF THE COMMODITITY FUTures Trading Commission that Will Likely Have a Majoor Role in Crypto Oversight. “IT Will Give Digital Asset Developers and USers the Certainty they Need and have asked for.
On Tuesday, The Digital Assets SubcomMittees of Both House Committee Committees Are Set to Hold A Joint Hearing on the Future of Digital Assets, WHERE The DISCUSION DRAFTLIGT.
The DRAFT DETAILS THE PUBLIC DISCLOSures that Crypto Projects would be required to make. It Also Provides for Digital Assets Developers to Raise Capital Under the Securities and Exchange Commission’s Watch, or to Register with The CFTC to Handle The Trading of Digital Commodities.
The Bill is Meant to Finally Establish “Clear Lines” Between the Jurisdices of the Two Us Markets Regulators, A Question That’s Been A Thorn in the Side of Us Crypto Businesses.
This Propsed Format for the Long-Awaited Crypto Legislation, Built on A Similar First Effort Called The Financial Innovation and Technology for the 21st Century Act) Year, Emerges As the Industry’s Allies in Congress have been work urgently on a separeate legislative Effort to regulalate stablecoins. The Stablecoin and Market-Structure Bills Represent the Primary Lobbying Effort for Crypto in the Us, Thought Advocates Are Fighting The Headwinds of President Donald Trump. Democratic Criticism.
Stablecoin Bills Already Advanced Through House and Senate Committees and Are Awaiting Consideration by The Overall Chambers.
Three of the Leading Crypto Lobbying Organizations Issued A Joint Statement on Monday URGING The SENATE TO GET ON THE DEBATE FOR ATEBLECOIN BIR Stablecoins (Genius) ACT. The Leaders of the Blockchain Association, Crypto Council for Innovation and the Digital Chamber Asked for Senate Support to “Move US One Step Closer to Enacting A Bipartisan Stablecoin Framework.
Read More: US Senate Moves Town Action on Stablecoin Bill
Update (May 5, 2025, 16:43 UTC): Adds Statement from Crypto Groups on Stablecoin Legislation.
X Icon
