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Democratic Party unveils seven major frameworks for the crypto market, aiming to counter the influence of the Trump camp
Summary: According to CryptoSlate, 12 Democratic senators have released a framework for the crypto market, proposing CFTC regulation of digital commodity spot markets, establishing a regulatory model for DeFi, strengthening anti-money laundering and consumer protection measures, and continuing the prohibition on stablecoin issuers providing interest-bearing products as outlined in the GENIUS Act. They also include ethical ...
According to CryptoSlate, 12 Democratic senators have released a framework for the crypto market, proposing CFTC regulation of digital commodity spot markets, establishing a regulatory model for DeFi, strengthening anti-money laundering and consumer protection measures, and continuing the prohibition on stablecoin issuers providing interest-bearing products as outlined in the GENIUS Act. They also include ethical constraints on public officials involved in cryptocurrency to counter the impact of the Republican version of the CLARITY market structure proposal. The document serves as a policy blueprint, which will need to be translated into legislation and go through the congressional process.
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Link: Democratic Party unveils seven major frameworks for the crypto market, aiming to counter the influence of the Trump camp [Copy]
