House Republicans Unveil Draft Bill to Regulate U.S. Crypto Industry

House Republicans Unveil Draft Bill to Regulate U.S. Crypto Industry

TLDR House Republicans proposed a crypto regulation bill on May 5. The bill splits oversight between the SEC and CFTC. It defines key crypto terms and asset types. DeFi and self-custody wallets get protection from strict regulation. Democrats may oppose the bill over political concerns. House Republican leaders introduced a draft bill to establish a […]
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