According to Crypto in America, a team of 12 Democratic members of the U.S. Senate has released a detailed legislative framework for market structure.
The framework contains seven core elements, including authorizing the Commodity Futures Trading Commission (CFTC) to regulate non-security tokens, clarifying the token classification process, requiring clear disclosure from issuers, strengthening compliance requirements for trading platforms, and cracking down on illegal financial activities. The framework also recommends increased funding from the Securities and Exchange Commission (SEC), the CFTC, and the Treasury Department.
It is worth noting that preventing President Trump from financially benefiting from his numerous crypto investments remains a very important topic, with one section of the seven-part framework dedicated to preventing corruption and abuse by restricting elected officials and their families from publishing or profiting from crypto projects while in office and requiring disclosure of their assets.
Democratic lawmakers have proposed seven regulatory frameworks for the crypto market, including restrictions on incumbent officials from profiting from crypto projects
2025-09-09 09:30:53
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