The chairperson of the House Financial Services Committee has outlined a digital asset blueprint and proposed six legislative principles

French Hill, chairperson of the House Financial Services Committee, outlined a blueprint for digital assets in the United States, proposing six principles:
1. Legislation must promote innovation.
2. Legislation must clarify the classification of assets.
3. Legislation must codify the framework for issuing new digital assets.
4. Legislation must establish supervision of cash market exchanges and intermediaries;
5. Legislation must establish best practices for protecting customer assets.
6. Legislation must protect innovative decentralized projects and activities. (CoinDesk)