US senators introduce long-awaited bill to define crypto market rules.

Jan 13 (Reuters) - U.S. senators late Monday night unveiled ​draft legislation that would create a regulatory framework for cryptocurrency which, if signed into law, would clarify financial ‌regulators' jurisdiction over the burgeoning sector, potentially boosting digital asset adoption.

The crypto industry has long pushed for such legislation, often arguing that it is existential to the future of digital assets in the U.S. and necessary to fix core, longstanding problems for crypto companies.