US House Dey Push Crypto Law Wit Stablecoin Rules
U.S. House don push one crypto law package go final floor vote, wey mark beta step for digital asset regulation clarity. The law package get FIT21 Act, wey talk sey cryptocurrency na commodity under CFTC jurisdiction, plus Lummis-Gillibrand Stablecoin Transparency Act wey put eye for stablecoin issuers. Lawmakers also talk about tax report, custody rules, and protect consumers from fraud. Negotiation wey Representatives Hill, Waters, House Speaker Mike Johnson plus Senators Lummis and Gillibrand lead come get bipartisan support. The crypto law balance innovation and risk management and set inter-agency waka between SEC and CFTC. Market react well. Bitcoin (BTC) and Ethereum (ETH) get short gains. If dem pass am finally, e fit change U.S. blockchain policy, boost market faith, and affect trading strategies.
Bullish
Dis crypto law tinz dem dey reduce regulatory wahala by defining asset class dem and clear oversight matter. For short term, di announcement make BTC and ETH price go up as traders dem dey expect clear clear rules. For long term, one federal framework fit reduce compliance cost, attract institutional investors, and stabilize di stablecoin market dem. Di coordination between SEC and CFTC dey also reduce jurisdiction conflict. All dis factors support better market outlook.