@bankless
Crypto may finally get the market structure it's craved: the bipartisan Digital Asset Market Clarity Act (DAMCA), a 278-page bill from months of Senate negotiations with industry input.
It divides oversight between SEC and CFTC, with concessions drawing mixed reactions. Paradigm's Justin Slaughter called it "a big win for Democratic Members on Senate Banking."
~~ Analysis by @jackinabinet ~~
Here are five key provisions that could shape crypto's future👇
https://www.bankless.com/read/5-highlights-from-the-senates-much-hyped-crypto-market-structure-draft-bill
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