US Releases Draft Framework for Digital Asset Regulation... Decentralized Asset Oversight to CFTC
Uk Jin
Summary
- It was reported that the U.S. House announced a draft framework for digital asset regulation.
- Decentralized assets will be overseen by the CFTC, while centralized assets will be under the supervision of the SEC.
- Representative Glenn Thompson emphasized that this draft is the first step in closing regulatory gaps.
A draft framework for digital asset regulation has been released in the United States.
According to CoinQu, a cryptocurrency-focused media outlet, on the 5th (local time), U.S. House Financial Services Committee members French Hill and Glenn Thompson announced the draft framework for digital asset regulation.
The core of this draft is to grant authority over decentralized assets like Bitcoin (BTC) and Ethereum (ETH) to the Commodity Futures Trading Commission (CFTC), while centralized assets will be overseen by the Securities and Exchange Commission (SEC).
Representative Glenn Thompson stated, "This draft will be the first step in closing regulatory gaps."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
