Once the "Digital Asset Market Transparency Act" promoted by the U.S. Congress is finalized, it will become a watershed moment for the crypto market. According to the latest developments, if cryptocurrencies such as XRP, SOL, LTC, HBAR, DOGE, LINK, and others become spot ETF underlying assets before January next year, they can be officially recognized as "mature digital commodities," formally leaving the securities regulatory framework and being under the unified jurisdiction of the CFTC — with treatment identical to BTC and ETH.
Currently, this bill has passed the House of Representatives, and the Senate is reviewing it. A revised version is expected to be released this week. Based on the current pace, it could become law as early as March this year. Once enacted, the barriers for institutional funds to enter altcoins will be significantly lowered, which is undoubtedly a major positive for projects like #美国民主党BlueVault $XRP $HBAR.
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MEVvictim
· 12h ago
Another story of a bill to cut leeks, is it XRP's turn to turn things around this time?
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VCsSuckMyLiquidity
· 12h ago
Damn, XRP is finally going to turn around? This time, it's really not just hype, right?
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GateUser-a606bf0c
· 12h ago
If I hadn't seen this message, I wouldn't have realized how close it is now...
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MEVHunterZhang
· 12h ago
Damn, if this really passes, XRP will take off directly.
Once the "Digital Asset Market Transparency Act" promoted by the U.S. Congress is finalized, it will become a watershed moment for the crypto market. According to the latest developments, if cryptocurrencies such as XRP, SOL, LTC, HBAR, DOGE, LINK, and others become spot ETF underlying assets before January next year, they can be officially recognized as "mature digital commodities," formally leaving the securities regulatory framework and being under the unified jurisdiction of the CFTC — with treatment identical to BTC and ETH.
Currently, this bill has passed the House of Representatives, and the Senate is reviewing it. A revised version is expected to be released this week. Based on the current pace, it could become law as early as March this year. Once enacted, the barriers for institutional funds to enter altcoins will be significantly lowered, which is undoubtedly a major positive for projects like #美国民主党BlueVault $XRP $HBAR.