X @Wu Blockchain

According to Eleanor Terrett, the updated Senate Banking Committee market structure bill includes the following changes: staking, airdrops, and pre-enactment tokens are excluded from securities classification unless fraudulent (Section 101); decentralized physical infrastructure networks (DePIN) are exempt from securities laws (Section 504); DeFi, self-custody, and developer protections are retained (Sections 501, 505, 506); and a formal SEC-CFTC coordination framework is established (Sections 701, 702). ht ...