US House Republicans have introduced a draft bill to reclassify digital tokens from securities to commodities, in an effort to address regulatory challenges surrounding digital assets. The proposed legislation aims to establish clearer guidelines for the treatment of digital assets within the country, focusing on whether they should be classified as a commodity or a security. The draft bill seeks to provide a clear definition of decentralization, offering greater certainty to crypto projects operating in the US. Meanwhile, a potential presidential candidate is set to participate in a Twitter chat, with discussions potentially including Bitcoin, which is relevant to the regulation of cryptocurrencies in the US.
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