
Phyrex|Jul 22, 2025 09:20
The essence of this bill is to shift from cryptocurrency being a security attribute in the past to cryptocurrency being a commodity attribute. At that time, the SEC was too strict on cryptocurrency, while the CFTC was relatively loose, so the market had always expected the CFTC to be in charge. Only when the SEC determined that a certain token was a security would it be placed under SEC management.
But now the SEC has been very loose, so the significance of this bill is not significant in the short term, which is one of Trump's contributions. The most important thing is that the two parties in the United States agree that cryptocurrency is the focus of the United States in the future, and the two parties will promote it in concert, which is the most critical.
This article is sponsored by Bitget | @ Bitgetzh
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