U.S. Lawmakers Unveil Crypto Market Structure Bill, CFTC Set to Lead Oversight

TLDR: U.S. Senate crypto market structure bill draft gives the CFTC authority over digital commodities like Bitcoin and Ethereum. Developers gain protection from being classified as money transmitters under the new bill. The bill ties crypto custody to U.S. Treasuries, linking markets to dollar-based collateral. Retail investors get safeguards through a new Digital Commodity Retail [...]

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