🚀 **Crypto News Flash!** 🚀

A new crypto bill on Capitol Hill aims to share oversight powers between the SEC and CFTC! 🏛️

- **Introduced by**: U.S. Rep. John Rose (Tennessee)

- **Bill Name**: Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets (BRIDGE)

- **Goal**: Establish a Joint Advisory Committee for cryptocurrencies

- **Members**: 20 industry experts, meeting biannually for two-year terms

Rep. Rose criticizes the current "heavy-handed" regulation and suggests cooperation with private actors to build a robust digital asset framework.

**Washington's Crypto Focus**:

- The BRIDGE Act follows other legislative efforts to standardize crypto rules.

- The White House is open to negotiating on digital asset bills despite past objections.

**Regulatory Clash**:

- SEC vs. CFTC: Disagreement on how to classify assets like Ethereum (ETH).

💬 **What do you think? Will this bill bring clarity to the crypto space? Share your thoughts below!**