Summary
- The U.S. Senate Banking Committee announced the release of the draft bill on digital asset market structure.
- The draft reportedly includes key items that may influence the investment environment, such as token classification, clear regulatory jurisdiction, access to banking, and disclosure obligations.
- Lawmakers also plan to seek input from the industry and the public on more than 35 topics, including SEC and CFTC jurisdiction and investor protection.
The draft bill on the structure of the U.S. digital asset (cryptocurrency) market has been released.
On the 22nd (local time), Eleanor Terrett, host of Crypto in America, announced on X (formerly Twitter), "The U.S. Senate Banking Committee has released a draft bill on digital asset market structure," adding, "The bill is based on the recently passed CLARITY Act and the Lummis-Gillibrand Act."
It is reported that this draft includes various items such as token classification, clear regulatory jurisdiction, access to banking services, disclosure obligations, and issues related to illicit funds.
In addition, lawmakers plan to gather public and industry opinions on more than 35 topics, including Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) jurisdiction, token classification, stablecoin regulation, custody requirements, and investor protection, through an official Request for Information (RFI).
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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