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Senate Democrats Unveil Crypto Framework as CFTC Eases Access for Foreign Exchanges
Senate Democrats Unveil Crypto Framework as CFTC Eases Access for Foreign Exchanges
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BTCCSquare news:
Senate Democrats have introduced a comprehensive framework for crypto market structure legislation, signaling potential bipartisan progress in digital asset regulation. The proposal outlines six core principles, including closing regulatory gaps for non-security tokens and integrating platforms into existing oversight systems.
Meanwhile, the CFTC's August 28 advisory opens doors for foreign exchanges to register and serve U.S. traders directly. Industry analysts view these developments as constructive steps toward clearer crypto regulation, with Paradigm's Justin Slaughter noting the Democratic framework could facilitate Senate passage of market structure legislation.
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