According to BlockBeats, key members of the U.S. House of Representatives have released a draft bill aimed at establishing a regulatory framework for digital assets in the United States. The proposal was introduced by French Hill, Chairman of the House Financial Services Committee, G.T. Thompson, Chairman of the House Agriculture Committee, Bryan Steil, Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, and Dusty Johnson, Chairman of the Subcommittee on Commodity Markets, Digital Assets, and Rural Development. This initiative seeks to address the growing need for clear regulations in the digital asset sector.

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