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U.S. Lawmakers Grapple with Crypto Market Structure Legislation Amid Government Shutdown
U.S. Lawmakers Grapple with Crypto Market Structure Legislation Amid Government Shutdown
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BTCCSquare news:
Negotiations over cryptocurrency market structure legislation remain contentious as the U.S. government shutdown enters its second week. Senate Democrats have proposed treating DeFi projects interacting with customers as brokers, requiring registration with federal regulators—a move met with swift opposition from the industry.
The proposed rules aim to clarify the regulatory roles of the SEC and CFTC, but disagreements among lawmakers have stalled progress. Market participants await clarity on how digital assets will be treated under U.S. law, with the outcome likely to shape the industry's future trajectory.
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