PANews reported on September 6 that crypto journalist Eleanor Terrett tweeted that the U.S. Senate Banking Committee’s latest draft of the market structure bill has incorporated feedback from stakeholders and lobbying groups. The following are some highlights of the draft: 1. Ancillary Assets (Section 101): This provision is intended to provide clearer legal interpretation, exclude “ancillary assets” from the scope of securities, stipulate that pledges and airdrops are not securities, and provide that SEC enforcement actions and private lawsuits cannot target existing tokens issued before the date of enactment of the bill, provided that these tokens do not constitute fraud. 2. DePIN (Section 504): Adds a new exemption to exempt decentralized physical infrastructure networks from securities laws. 3. Protecting software developers: The new draft retains the self-custody protection clause (Section 506), the DeFi exemption clause (Section 501), and the blockchain regulatory certainty bill (Section 505). 4. SEC-CFTC Coordination: The SEC and CFTC have established processes to jointly form a joint advisory committee to make decisions in the digital asset area (Section 701) and resolve any disputes (Section 702).PANews reported on September 6 that crypto journalist Eleanor Terrett tweeted that the U.S. Senate Banking Committee’s latest draft of the market structure bill has incorporated feedback from stakeholders and lobbying groups. The following are some highlights of the draft: 1. Ancillary Assets (Section 101): This provision is intended to provide clearer legal interpretation, exclude “ancillary assets” from the scope of securities, stipulate that pledges and airdrops are not securities, and provide that SEC enforcement actions and private lawsuits cannot target existing tokens issued before the date of enactment of the bill, provided that these tokens do not constitute fraud. 2. DePIN (Section 504): Adds a new exemption to exempt decentralized physical infrastructure networks from securities laws. 3. Protecting software developers: The new draft retains the self-custody protection clause (Section 506), the DeFi exemption clause (Section 501), and the blockchain regulatory certainty bill (Section 505). 4. SEC-CFTC Coordination: The SEC and CFTC have established processes to jointly form a joint advisory committee to make decisions in the digital asset area (Section 701) and resolve any disputes (Section 702).
Senate Banking Committee draft bill would exclude staking, airdrops, and DePIN networks from securities laws
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
PANews reported on September 6 that crypto journalist Eleanor Terrett tweeted that the U.S. Senate Banking Committee’s latest draft of the market structure bill has incorporated feedback from stakeholders and lobbying groups. The following are some highlights of the draft:
1. Ancillary Assets (Section 101): This provision is intended to provide clearer legal interpretation, exclude “ancillary assets” from the scope of securities, stipulate that pledges and airdrops are not securities, and provide that SEC enforcement actions and private lawsuits cannot target existing tokens issued before the date of enactment of the bill, provided that these tokens do not constitute fraud.
2. DePIN (Section 504): Adds a new exemption to exempt decentralized physical infrastructure networks from securities laws.
3. Protecting software developers: The new draft retains the self-custody protection clause (Section 506), the DeFi exemption clause (Section 501), and the blockchain regulatory certainty bill (Section 505).
4. SEC-CFTC Coordination: The SEC and CFTC have established processes to jointly form a joint advisory committee to make decisions in the digital asset area (Section 701) and resolve any disputes (Section 702).
Market Opportunity
Union Price(UNION)
$0,0005593
$0,0005593$0,0005593
USD
Union (UNION) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Shiba Inu Price Prediction Weakens as AI Token Sector Surges 30% to $19B While Pepeto SHIB and TAO Take Different Paths
The shiba inu price prediction is losing momentum at exactly the moment the AI token sector is capturing all the attention, with the category’s market cap surging
Share
Captainaltcoin2026/04/02 18:30
U.S. Dollar Plummets as Stable Iran Ceasefire Hopes Spark Dramatic Flight to Risk Assets
BitcoinWorld U.S. Dollar Plummets as Stable Iran Ceasefire Hopes Spark Dramatic Flight to Risk Assets NEW YORK, March 15, 2025 – The U.S. dollar experienced a
Share
bitcoinworld2026/04/10 05:50
UK crypto holders brace for FCA’s expanded regulatory reach
The post UK crypto holders brace for FCA’s expanded regulatory reach appeared on BitcoinEthereumNews.com. British crypto holders may soon face a very different landscape as the Financial Conduct Authority (FCA) moves to expand its regulatory reach in the industry. A new consultation paper outlines how the watchdog intends to apply its rulebook to crypto firms, shaping everything from asset safeguarding to trading platform operation. According to the financial regulator, these proposals would translate into clearer protections for retail investors and stricter oversight of crypto firms. UK FCA plans Until now, UK crypto users mostly encountered the FCA through rules on promotions and anti-money laundering checks. The consultation paper goes much further. It proposes direct oversight of stablecoin issuers, custodians, and crypto-asset trading platforms (CATPs). For investors, that means the wallets, exchanges, and coins they rely on could soon be subject to the same governance and resilience standards as traditional financial institutions. The regulator has also clarified that firms need official authorization before serving customers. This condition should, in theory, reduce the risk of sudden platform failures or unclear accountability. David Geale, the FCA’s executive director of payments and digital finance, said the proposals are designed to strike a balance between innovation and protection. He explained: “We want to develop a sustainable and competitive crypto sector – balancing innovation, market integrity and trust.” Geale noted that while the rules will not eliminate investment risks, they will create consistent standards, helping consumers understand what to expect from registered firms. Why does this matter for crypto holders? The UK regulatory framework shift would provide safer custody of assets, better disclosure of risks, and clearer recourse if something goes wrong. However, the regulator was also frank in its submission, arguing that no rulebook can eliminate the volatility or inherent risks of holding digital assets. Instead, the focus is on ensuring that when consumers choose to invest, they do…
Share
BitcoinEthereumNews2025/09/17 23:52
