Crypto Regulations Take Center Stage in US Amid SEC Lawsuits and Draft Bills
The Digital Market Structure draft bill proposed by House Republicans is the biggest legal progress in the crypto market, providing a regulatory structure for digital asset markets to operate safely and successfully. The bill offers a "black and white playbook" for stablecoin operations, token project registration, and legal steps for a token to transition from a security to a "sufficiently decentralized commodity." The market structure changes will fundamentally change the way DeFi interacts, and new technology is stepping in to fill the market structure gaps.