The U.S. Senate Banking Committee has released a draft bill proposing to exclude staking, airdrops, and decentralized networks from securities laws. This change could significantly impact cryptocurrency regulation.
Key Provisions of the Bill
The draft bill, presented on September 6, 2025, excludes staking and airdrops from securities laws. Leading this initiative are Senators Tim Scott, Cynthia Lummis, Bill Hagerty, and Bernie Moreno. This proposal follows the passage of the Clarity Act by the House of Representatives, emphasizing regulatory efforts to promote financial innovation.
Potential Impact on Ethereum
The bill could reshape regulatory landscapes for major cryptocurrencies like Ethereum. Its focus on redefining regulatory expectations aims to create an alternative framework for emerging crypto activities, potentially boosting the DeFi sector.
Market Data Analysis
As of today, Ethereum (ETH) is trading at $4,328.66 with a market cap of $522.49 billion and a 24-hour trading volume of $44.96 billion. ETH has risen by 17.54% over the past 30 days. Analysts suggest that clearer laws might encourage investment in decentralized networks and spur innovation.
The passage of the bill could change the face of cryptocurrency regulation in the U.S., fostering innovation and improving investor confidence in the market.
