Lawmakers Propose New Framework for Crypto Market Regulation in the US
05/11 01:36
Lawmakers in the House Agriculture and House Financial Services committees discussed the need for regulatory clarity in the crypto market structure in the United States during a joint hearing of the digital assets subcommittees. The competing enforcement actions by the SEC and CFTC have forced entrepreneurs, developers, and job creators offshore, and the proposed framework aims to address this issue. The framework includes tailored compliance pathways and modernizing securities regulations to suit the reality of crypto marketplaces dealing directly with retail customers.
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