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- 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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The U.S. House of Representatives is preparing a new round of legislation for the crypto market, with multiple related bills moving forward.
According to Gate.io News bot, Blockworks reports that the U.S. House of Representatives is drafting a new round of crypto market structure legislation, which is planned to be released at the end of this month. This bill draft will use the previous Congress's "21st Century Financial Innovation and Technology Act" (FIT21) as a reference.
Currently, the STABLE Act in the House of Representatives and the GENIUS Act in the Senate have passed the committee review stage. The two bills have detailed differences in the allocation of regulatory authority and have not yet entered the full voting stage.