The US crypto industry is brimming with optimism! 🇺🇸 Representative French Hill is leading the crypto regulatory effort with promises of major changes in the first 100 days of the next legislative session. As the new chair of the House Financial Services Committee, Hill is focused on cleaning up the crypto regulatory mess in the US.
- Hill is working with Steve Scalise to craft a comprehensive market structure bill. The goal is to provide clear guidance for digital asset innovators and help the US compete globally.
- Donald Trump is also planning to shift crypto oversight from the SEC to the CFTC, which could benefit crypto advocates.
With this ambitious agenda, the future of the US crypto industry looks bright! 🚀