This bill does clearly delineate the roles of the CFTC from those of the sec. This bill does protect consumers and investors, as the ranking member said, by requiring much needed disclosures and customer fund segregation. This bill positions America to be the global leader in developing and implementing Web3. This bill unlocks the technologies that American small businesses and entrepreneurs will increasingly need to power their new ideas and their bold visions. (00:57–01:04)
CLAIM
Asserts that the bill positions America as a leader in Web3 development and implementation.
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