US Drafts Landmark Crypto Rules to Usher in Digital Asset Boom
The U.S. has introduced a draft crypto bill aiming to redefine digital asset regulation, signaling a major shift in oversight and global competitiveness.
Released by the House Financial Services Committee, the proposal seeks to clarify rules, protect investors, and preserve innovation leadership. It outlines a new market structure, removes barriers for retail investors, and introduces a decentralization test with detailed disclosure requirements.
The bill also outlines shared regulatory roles for the SEC and CFTC, offers early registration options, and exempts non-custodial DeFi protocols from oversight. Industry leaders view the draft as a strong step forward from previous legislation like FIT21.
Clever Robot News Desk 6th May 2025
