U.S. HOUSE INTRODUCES CRYPTO MARKET STRUCTURE BILL

Summary from the TLDR Crypto newsletter

The Crypto Market Structure Bill delineates responsibilities between the SEC and CFTC, introduces stricter definitions like reducing the "affiliated person" threshold from 5% to 1% ownership, and outlines requirements for token listings, disclosures, and consumer protections. Unlike other countries with unified regulators, the US' dual-agency approach has led to jurisdictional competition, complicating crypto oversight. This legislation seeks to resolve these ambiguities and provide a structured environment for crypto regulation.