More than 100 crypto firms urge Senate to move on U.S. market structure bill
Burns Brief
Key priorities include defining clear SEC and CFTC oversight roles, protecting non-custodial developers, simplifying disclosure rules, and avoiding a patchwork of state laws Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Key priorities include defining clear SEC and CFTC oversight roles, protecting non-custodial developers, simplifying disclosure rules, and avoiding a patchwork of state laws.
Key Takeaways
- Key priorities include defining clear SEC and CFTC oversight roles, protecting non-custodial developers, simplifying disclosure rules, and avoiding a patchwork of state laws