New US Crypto Asset Bill Draft Drops: ‘We Made Historic Progress’
The U.S. House Committee on Financial Services released a statement on May 5, unveiling a draft bill proposing a new market structure for digital assets in the United States. Backed by Committee Chairman French Hill, Agriculture Committee Chair G.T. Thompson, and Subcommittee Chairs Bryan Steil and Dusty Johnson, the discussion draft aims to deliver regulatory clarity while maintaining U.S. leadership in financial innovation. It comes ahead of a joint subcommittee hearing scheduled for May 6 on digital assets policy.