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[Seven Major Regulatory Frameworks for the Crypto Market Proposed by U.S. Democratic Lawmakers] Twelve U.S. Senate Democratic lawmakers have proposed seven major regulatory frameworks for the crypto market, suggesting the CFTC regulate non-security tokens, clarify token classification processes, strengthen compliance requirements for trading platforms, and combat illegal financial activities. Additionally, the framework proposes restricting incumbent officials and their families from profiting through crypto projects to prevent corruption and abuse.

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