Tim Scott dey plan December markup for crypto market structure bill

Senate Banking Committee Chair Tim Scott don yan mark up di crypto market structure bill for December, wey dem plan say Senate go vote for early next year and make President quickly approve am. Di crypto market structure bill go mark Bitcoin (BTC) and Ether (ETH) as digital commodities under CFTC watchdog and go clear how di CFTC and SEC go take regulate dem. E go also introduce one 'ancillary assets' category and put strict exchange rules for compliance, like segregated customer funds, conflict-of-interest policies, clear disclosures, and strong internal controls. Negotiations still dey go on about DeFi oversight and better AML safeguards. Coinbase CEO Brian Armstrong back dis bill, and after House pass CLARITY Act, di bill must clear di Senate Banking and Agriculture Committees. If dem pass am, e fit make market get better integrity, support industry stability and innovation, and make US solid as one top regulated crypto market.