U.S. Commerce Agriculture Committee Announces Draft of Digital Asset Market-Structure Bill
Son Min
Summary
- The U.S. Commerce Agriculture Committee announced a draft of the digital asset market-structure bill's commodities section.
- The draft is said to aim to establish a regulatory framework for the digital asset industry.
- It said it includes provisions dividing regulatory responsibilities between the SEC and the CFTC.
The U.S. Senate Agriculture Committee announced a draft of the commodities section of the digital asset (cryptocurrency) market-structure bill (CLARITY).
On the 11th (local time), Eleanor Terrett wrote on X (formerly Twitter), "The Commerce Agriculture Committee has released a draft of the commodities section of the digital asset market-structure bill."
The digital asset market-structure bill aims to establish a regulatory framework for the digital asset industry. In particular, it includes provisions dividing regulatory responsibilities between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit