🇺🇸Bipartisan lawmakers seek cryptocurrency rules to protect consumers and keep US competitive

Members of the House plan to introduce two bills that are focused on preventing fraud and protecting customers while keeping the U.S. competitive in digital assets. Neither bill offers clear direction on how to achieve these things but instead defer to the U.S. Commodity Futures Trading Commission (CFTC) to complete the work. The first bill tasks the CFTC with completing an analysis on global crypto regulations and offering suggestions while the second asks the CFTC to identify any potential market manipulation or other harmful practices in cryptoasset markets and how they impact the economy.

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