A bipartisan legislative draft is a proposed law developed with agreement and contributions from members of two major political parties. This type of draft aims to achieve broad support and a higher likelihood of passage. In the context of digital assets, such drafts seek to establish regulatory frameworks acceptable across political divides. They represent efforts to create stable and predictable legal environments.
Context
The emergence of bipartisan legislative drafts signals a maturing regulatory approach to digital assets, moving beyond partisan stalemates. Discussions often center on specific provisions regarding consumer protection, market integrity, and innovation. The progress of these drafts is closely watched for their potential to shape the future of the crypto industry.
The bipartisan Senate draft mandates CFTC registration and non-manipulation certification for digital commodity exchanges, fundamentally reshaping US market structure and compliance.
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