U.S. House Republicans Officially Introduce Crypto Market Structure Bill
Leading Republicans in the House of Representatives have formally introduced their latest version of the bill to establish a regulatory structure for digital assets markets, something the industry has clamored for for years.
The successor to the previous session’s Financial Innovation and Technology for the 21st Century Act (FIT21), the new bill called the Digital Asset Market Clarity Act is being pushed by top Republicans in the House Financial Services and the House Agriculture committees. Stablecoin legislation is still the frontrunner to be the first major piece of U.S. crypto law, but Thursday’s introduction pushes the ball forward on the more important and complex of the two companion efforts.
“America should be the global leader in…
