Best Crypto to Buy Now as New Crypto Bill Targets Big Firm Dominance
While cryptocurrency is close to becoming the norm in the US thanks to the regulatory reforms the country has been introducing, control is still very much in the hands of large firms. To curtail this influence, House Republicans on May 5 introduced a new “Digital Asset Market Structure Discussion Draft.”
Led by House Agriculture and Financial Services Committee Chairs Glenn Thompson and French Hill, the draft is a meaningful rewrite of the Financial Innovation and Technology for the 21st Century Act (FIT21).
The draft reportedly highlights several rules that could give more power to the people and move crypto trading services out of the almost-hegemonic control of large firms—creating the perfect opportunity to find the…
