👀 huge alpha leak from the house financial services committee on the future of token regulation in the US. digesting now. tweet thread incoming

👀 huge alpha leak from the house financial services committee on the future of token regulation in the US. digesting now. tweet thread incoming

https://agriculture.house.gov/uploadedfiles/tbaa_xml.pdf

🚨NEW: Chairmen @RepFrenchHill and @CongressmanGT, along with Subcommittee Chairmen @RepBryanSteil and @RepDustyJohnson, released a discussion draft of a bill to establish a regulatory framework for digital assets in the U.S.

Read more: https://t.co/VhW6fZmYwJ

🚨So the house @FinancialCmte just dropped a 212-page draft of their new regulatory framework for tokens.

There's a lot here, but as the governance guy, the most interesting part is the clarity on how decentralization impacts the securities status of tokens.

Here's what's up 👇

yitong

why is it hosted at agriculture.house.gov

well you see there once was an orange grove...