Crypto Regulations: Deregulation, Governance Limits, and Regulatory Framework

Vivek Ramaswamy proposes to deregulate federal cryptocurrency regulations and reduce the SEC's workforce. House Financial Services Committee Chairman Patrick McHenry calls for governance limits and clarity for stablecoins. The U.S. crypto crackdown has led to regulatory scrutiny of major digital asset industry players. A bill in the U.S. House of Representatives aims to provide a regulatory framework for digital assets, stating that not all digital assets are securities. The legislation marks the first time crypto regulatory bills will be put to a vote in Congress.