4. Crypto and Stablecoins


The bill categorizes the industry into three distinct buckets:
Digital Commodities:
Fully decentralized assets (such as Bitcoin) are regulated by the CFTC.
Ancillary Assets (Network Tokens):
Tokens that rely on a central team for value but function as "commodities" in daily use.
Payment Stablecoins:
These are "Digital Dollars." To be legal, they must be backed 1:1 by cash or U.S. Treasuries. Crucially, they cannot pay you interest under this act.
BTC2.19%
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