During a brief procedural session on May 29, the United States House of Representatives introduced an updated digital asset market structure bill to advance crypto regulation. The announcement comes as lawmakers accelerate efforts to establish rules for the growing $3.4 trillion cryptocurrency market. US Crypto Regulation To Gain More Ground American Journalist Eleanor Terrett stated on X that the digital asset market structure bill is a cornerstone of ongoing crypto regulation. Spearheaded by key Republican lawmakers, including Financial Services Committee Chairman French Hill and Agriculture Committee Chairman G.T. Thompson, the bill outlines a roadmap to manage digital assets traded and governed in the United States. The legislation follows a discussion draft shared earlier in the month. It aims to clarify the legal framework for crypto companies, investors, and consumers. Though the pro forma sessions rarely include major announcements, this introduction reflects Congress’s urgency to provide direction for the crypto space…. Read More at Coingape.com
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