The U.S. is set to advance significant crypto regulatory reforms as the Crypto Clarity Act and Market Structure Bill head to Congress. SEC Chairman Paul Atkins announced the move, highlighting efforts to enhance market liquidity and address Countering the Financing of Terrorism. The proposed legislation aims to reduce market manipulation by 80% and clarify the roles of the SEC and CFTC. Additionally, tokens such as XRP may benefit from clearer non-security status and standardized trading rules.
U.S. Crypto Regulatory Overhaul Advances to Congress
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