Peter Potter

#USCryptoMarketStructureBill The U.S. crypto market structure bill is one of the most closely watched pieces of legislation shaping the future of digital assets in America. Recently, the bill advanced out of the Senate Agriculture Committee on a narrow 12‑11 vote, marking the furthest progress any crypto regulatory framework has seen in the Senate. This legislative step reflects growing momentum toward establishing clear rules for trading platforms, custodians, and digital asset market oversight a major evolution from years of fragmented enforcement. Despite this progress, significant challenges remain. The bill lacks bipartisan support, with Democrats opposing it in committee due to concerns over regulatory balance and decentralized finance protections. Meanwhile, negotiations continue in Senate Banking and Agriculture committees over provisions such as stablecoin yield rules and the division of authority between the SEC and CFTC. Market participants are watching closely because regulatory clarity could reduce structural uncertainty that currently deters institutional capital and limits product innovation. Analysts warn that continued delays or failure to pass a comprehensive framework will sustain a regulatory risk premium, potentially capping crypto valuations. Overall, though the bill’s advancement is a positive signal, the final passage and implementation timeline remain uncertain, with 2026 now seen as the more realistic horizon.