A handful of digital asset bills could drastically change the crypto landscape in the United States.
introduced to Congress, aiming to govern everything from stablecoins to the jurisdictions of United States regulators.
However, at least four of them are seen as potentially having a major impact on the industry — given the attention from lawmakers and the crypto industry alike., aims to create a solid process for determining if a digital asset is a commodity or security and would clarify the jurisdictions of regulators.
Introduced by Republican members of the Agriculture and Financial Services Committees of the United States House, the bill would give the Commodity Futures Trading Commission power over digital commodities and clarity on the Securities and Exchange Commission’s jurisdiction. Introducing the Financial Innovation and Technology for the 21st Century Act. This bill establishes a regulatory framework for digital assets, protects consumers, fosters innovation, and positions America as a leader in finance and technology.
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