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New Crypto Bill Aims to Enhance Market Participation and Clarify SEC-CFTC Jurisdiction for Digital Assets

  • House Republicans unveiled a 212-page draft bill on May 5, 2025, proposing new regulations for digital assets in the U.S. Market.
  • This draft amends the 21st-century legislation on financial innovation and technology by reducing the ownership threshold for an 'affiliated person' from 5% to 1%.
  • The bill aims to democratize crypto access, reduce dominance by large firms, clarify SEC and CFTC jurisdiction, and empower smaller investors.
  • Paradigm’s Justin Slaughter highlighted that the bill aims to challenge existing conditions by promoting greater grassroots participation within the crypto sector, while also offering clearer regulatory guidelines for developers and users.
  • If enacted, the legislation could reduce big firm control, increase market participation, resolve regulatory uncertainty, and provide a framework for innovation.
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https://www.cryptela.com broke the news in on Tuesday, May 6, 2025.
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