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House Committee Unveils New Crypto Market Structure Bill
House Committee Unveils New Crypto Market Structure Bill
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The U.S. House Committee on Financial Services has introduced a discussion draft for a new crypto market structure bill, following the FIT21 Act. The draft seeks to clarify regulatory uncertainties highlighted by SEC enforcement actions, particularly around digital commodities. It specifies that such assets aren’t securities if purchasers don’t gain ownership stakes in the issuer’s business.
Industry stakeholders, including VanEck’s Sigel, have praised the draft as a ’solid start,’ marking an improvement over previous proposals. The bill could reshape oversight of digital assets like BTC and ETH, though its path to adoption remains uncertain.
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