CTF Written Submission
Change Is Calling: A Contemporary Commission To Confront Cryptic Crypto Conditions
April 11, 2025
- The proposal suggests establishing a new agency, the Federal Digital Asset Commission (FDAC), to provide clear regulatory guidelines and oversight specifically tailored to digital assets.
- FDAC will implement a tiered licensing structure for crypto-asset service providers (CASPs) and enforce compliance through audits, cybersecurity measures, and financial stability requirements.
- The document emphasizes the importance of creating a digital asset classification framework to prevent prolonged disputes and ensure market regulation clarity.
Last Reviewed or Updated: April 11, 2025