Senator Cynthia Lummis confirmed that the U.S. Congress aims to finalize a significant crypto market structure bill by the end of 2025.
Bill Progress
The legislative process is expected to accelerate through Senate committees in September and October. Senator Lummis stated, 'We will have market structure to the president’s desk before the end of the year. I hope it’s before Thanksgiving.'
Market Impact
The legislation could enhance regulatory clarity in the U.S. crypto market, potentially accelerating institutional investment and compliance across major digital assets. Analysts anticipate renewed capital inflow into U.S. regulated venues.
Bipartisan Support and Oversight
The bill is supported by key figures including Senator Lummis and Senator Tim Scott, aiming to provide clarity for digital asset industries while maintaining regulatory standards. Oversight will involve key regulatory bodies such as the SEC and CFTC.
The adoption of this bill will mark a significant step towards establishing clear regulatory frameworks for the U.S. crypto market, potentially influencing the distribution and integration of digital assets.
