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BTCC / BTCC Square / Global Cryptocurrency /
Urgent Update: Major Changes Coming to US Crypto Regulation Framework

Urgent Update: Major Changes Coming to US Crypto Regulation Framework

Author:
Global Cryptocurrency
Published:
2025-01-20 17:42:02
14
3
The US Senate Banking Committee, led by Chairman Tim Scott, has announced significant changes to the cryptocurrency regulation framework. These new rules aim to clarify previously ambiguous regulations and stabilize market volatility. The initiative marks a departure from the SEC's previous approach under Chair Gensler, which was criticized for lacking clarity and driving projects overseas. The 119th Congress is shaping a new plan that promises to set clear rules for the cryptocurrency industry, fostering a more predictable regulatory environment.

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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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