A new bill introduced in the U.S. Senate aims to provide much-needed clarity on the classification of cryptocurrency assets. The proposed legislation seeks to define which digital assets are considered securities and which are commodities, thereby determining the regulatory oversight between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). This move is expected to bring significant clarity to the crypto markets, potentially impacting how digital assets are traded and regulated in the United States.
New Senate Bill Seeks to Clarify Crypto Asset Classification
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