Date: 2023-07-21T15:07:44Z Creator: Bitfolio Academy
Get ready, crypto enthusiasts! An electrifying bill from the US House is about to shake up the crypto scene! The result of a dynamic collaboration between two powerhouse committees, this hefty 212-page bill is a fiery blueprint, plotting the future regulations of digital assets.
What’s the game-changer you ask? The CFTC is set to claim monumental jurisdiction over digital assets. This bill shifts control from the SEC to the CFTC. And, for any digital asset initially viewed as a security, it provides a path to become a commodity. For a digital asset to triumph as a commodity, one key element blazes bright. Decentralization – that’s the magic word.
This bill is a mammoth leap forward in the field of crypto asset regulation. The future of crypto regulation is here. Let’s hope it gets signed into law.
Let me know in the comments. 🤔
💰 Join My FREE Discord Group:
https://en.bitfolio.biz/discord
🚀 Connect With Me on Social Media!
►► ► My LINK TREE ◄◄◄
https://beacons.ai/bitfolio
👍 JOIN Bitfolio Academy Coaching Community: https://bitfolio.biz/member
🔥 FREE Cyptocurrency Course: https://bitfolio.biz/course
💻 Bitfolio Academy Blog: https://blog.bitfolio.academy
💵 Send me a Satoshi: https://getalby.com/p/bitfolio
⚡️[email protected]
Crypto Sherpa 🚀
Sharing lessons on crypto as I try to minimize risks and shorten time horizons 📈
Disclaimer: I am not a registered investment advisor. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.
#crypto #business #businessnews #stockmarket #cnbc #2023