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A bipartisan group of US senators has introduced a draft bill aimed at clarifying regulations for the digital asset industry. The proposed legislation seeks to modernize oversight, protect consumers, and position the US as a leader in crypto innovation.
- The bill introduces clear definitions for ancillary assets and tailored disclosure rules for crypto issuers.
- Proposes 'Regulation DA' to exempt small-scale token sales (under $75M) from SEC registration.
- Encourages banking innovation by allowing financial holding companies to use digital assets and DLT.
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Related Tags: SEC