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BTCC / BTCC Square / Global Cryptocurrency /
Senate Banking Committee Outlines Crypto Market Regulatory Principles

Senate Banking Committee Outlines Crypto Market Regulatory Principles

Author:
Global Cryptocurrency
Published:
2025-06-25 03:15:02
23
1
BTCCSquare news:

Senate Republicans on the Banking Committee have unveiled a framework for digital asset legislation, emphasizing regulatory clarity, innovation, and consumer protection. The principles, led by Chairman Tim Scott and Senators Cynthia Lummis and Thom Tillis, aim to define the legal status of cryptocurrencies while modernizing oversight.

The guidelines call for targeted anti-money laundering measures and encourage regulators to adapt to technological advancements. 'Our priority is providing legal certainty without stifling innovation,' said Senator Tillis. The move comes amid heightened scrutiny of crypto investments by political figures.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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