Senate Agriculture's crypto market structure draft peppered with Democrat pitches

The Senate Agriculture Committee has released a draft proposal aimed at establishing a regulatory framework for the cryptocurrency market, incorporating several suggestions from Democratic members. Key provisions include measures to enhance consumer protection and promote transparency in crypto transactions. The draft seeks to clarify the roles of various regulatory bodies, including the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). The proposal reflects ongoing efforts to address the complexities of the rapidly evolving crypto landscape while balancing innovation with regulatory oversight.

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