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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Important Facts on Cryptocurrency Regulations - PayBitoPro
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New Crypto Bill Aims to Enhance Market Participation and Clarify SEC-CFTC Jurisdiction for Digital Assets
The post New Crypto Bill Aims to Enhance Market Participation and Clarify SEC-CFTC Jurisdiction for Digital Assets appeared on BitcoinEthereumNews.com. The introduction of a new draft bill signals a pivotal shift in crypto regulation, aiming to reduce market dominance and enhance consumer protections. This legislation further refines the definitions of affiliated parties, potentially expanding market participation while aiming to foster innovati…
New Crypto Bill Seeks to Redefine Oversight and Expand Retail Access
The proposal, crafted by the House Financial Services and Agriculture Committees, outlines a blueprint to divide oversight between the SEC and CFTC while opening crypto markets to a broader range of participants. Under the draft, the SEC would continue handling assets tied to profit rights—like investment contracts—while the CFTC would take charge of digital commodities and spot markets. This division is meant to resolve long-standing disputes o…
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