Industry Feedback: Crypto Market Structure Bill Draft Raises Calls For Improv...
The unveiling of the anticipated draft of the crypto-centric Market Structure Bill has stirred a wave of reactions and demands for key enhancements from industry stakeholders. Crypto Market Structure Bill Draft Under Scrutiny According to Crypto In America, the long-awaited market structure discussion draft presented by the Senate Agriculture Committee this week has left many in […]
Related News
The US Senate Agriculture Committee has released the highly anticipated draft of the Market Structure Bill, a move many are praising as a significant milestone for the crypto industry in the United States. With promises of clearer regulatory frameworks just around the corner, this development is expected to enhance the operating environment for various cryptocurrencies. […]
According to crypto reporter Eleanor Terret and market expert MartyParty on social media platform X, the Senate Committee on Agriculture is nearing the release of its much-anticipated bipartisan draft related to the commodities aspect of the crypto market structure bill. Bipartisan Backing And Upcoming Crypto Bill Rollout Terret mentioned that some insiders suggest the committee […]
Ukraine's parliament has approved the first version of a draft cryptocurrency bill, bringing regulation of the industry a step closer.
The draft bill intends to allow property owners to pay mortgages with crypto and authorize the real estate sector to use their own crypto for mortgage purchases in Spain. Spanish lawmakers are backing a new legal initiative to legitimize the cryptocurrency and blockchain industry by proposing a new bill on digital transformation.The new draft bill was introduced by Spanish political party the People’s Party (PP). It aims to drive innovation in multiple industries through regulating emerging technologies such as blockchain and artificial intelligence and cryptocurrencies like Bitcoin....
It’s reported the bills' definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price. Draft legislation in the United States House of Representatives would place a two-year ban on new algorithmic stablecoins such as TerraClassicUSD (USTC) which de-pegged from the US dollar earlier this year causing widespread crypto market contagion.The bill would criminalize the creation or issuance of new “endogenously collateralized stablecoins,” according to a current draft of the....