Senate Banking Committee to Hold Hearing on Digital Asset Regulation Framework

According to BlockBeats, the Senate Banking Committee is set to conduct a hearing this Wednesday to discuss the establishment of a regulatory framework for the $3 trillion digital asset industry. A draft proposal for market structure reform is expected to be released later this week. This proposal will incorporate elements from the 2023 Responsible Financial Innovation Act by Lummis-Gillibrand and draw on provisions from the recently introduced CLARITY Act by the House. Both the hearing and the draft release align with the committee's goal to introduce market structure legislation before the August recess source: https://www.binance.com/en/square/post/26621755804786?utm_source=BinanceNewsRSS