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Tennessee Congressman John Rose introduces new crypto bill aimed at reshaping regulation of digital assets in U.S

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The BRIDGE Digital Assets Act will establish a Joint Advisory Committee between the SEC and CFTC to regulate digital assets collaboratively.

The committee will also include 20 private-sector participants, offering advice on digital asset rules, regulations, and policies to the two agencies.

Congressman Rose emphasized the need to move away from "regulation-by-enforcement" to retain digital asset innovation and investment within the U.S ..