- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
《Cryptocurrency Market Structure Bill》 Gains Senate Approval Odds, Bipartisan Cooperation Further Advances
BlockBeats News, September 11th, according to crypto reporter Eleanor Terrett's report, today the U.S. Senate Democrats released a comprehensive "Crypto Market Structure Act" framework, triggering optimism among cryptocurrency industry professionals and some Republican leaders, and bipartisan cooperation may be found in the Senate for cryptocurrency market structure reform. A coalition of 12 Democrats unveiled a detailed framework, indicating that the Democrats are ready to join efforts previously mainly driven by Republicans to establish clear cryptocurrency market rules. Republican key proponent, Senator Cynthia Lummis, expressed appreciation for this bipartisan effort.
The Democratic framework is based on seven key pillars, aiming to clearly define token jurisdiction, strengthen regulation of exchanges and issuers, combat illegal financial activities and conflicts of interest, and provide regulatory agencies with more enforcement resources. These priorities overlap with the emphasis of the Republican Party. The key to the bipartisan agreement lies in the details, especially the differences in regulatory intensity. Republicans have traditionally favored looser regulations, while Democrats tend to prefer strict rules.
Previously reported, the Senate Banking Committee is expected to mark up the market structure discussion draft by the end of September, while the Senate Agriculture Committee will also soon release a draft covering the CFTC regulatory aspects. It is expected that the Market Structure Act will be signed into law by President Trump before Christmas this year.
You may also like
Ethereum 2029 Strawmap Guide: Ultra-Fast Consensus, Native Privacy, and the "Acceleration Variables" Brought by AI
Altcoin ETF Surge: SOL and XRP Inflows Total $23 Million as Institutions Diversify
Key Takeaways Institutional interest in altcoin ETFs is expanding, with SOL and XRP showing significant inflows on March…
Vitalik Drops Ethereum Endgame Bombshell: ETH USD to $3,000?
Key Takeaways Vitalik Buterin introduces the “Sanctuary Tech” manifesto to address Ethereum’s non-financial limitations. A current lack of…
Exclusive: Yuliya Barabash Predicts the Most Regulated Could Be the Biggest Crypto Winners
Key Takeaways The aftermath of FTX and Celsius collapses has ushered a new regulatory era, reshaping the crypto…
iPhone Crypto Wallets Under Threat from State-Grade Malware
Key Takeaways: The Coruna exploit kit exploits 23 iOS vulnerabilities, threatening iPhone users’ crypto wallets. Initially state-level surveillance,…
Bitcoin Nears Two-Year ‘Make-or-Break’ Resistance: Future Implications
Key Takeaways Bitcoin’s price is approaching key resistance levels around $73,000, observed for the first time since early…
Bitcoin Price Prediction: Analyst Says $220,000 BTC Is Coming — But Only After This Happens
Key Takeaways: Bitcoin may experience a significant drop before the next major rally begins, potentially revisiting the $50,000…
Solana Price Outlook: All Eyes Focused on $95 — Could This Trigger New SOL Highs?
Key Takeaways Solana’s price is approaching a pivotal $95 mark, which may indicate potential support or resistance for…
Advanced AI Predicts Future Prices for XRP, Solana, and Cardano by 2026
Key Takeaways: Claude AI predicts significant price increases for XRP, Solana, and Cardano by the end of 2026.…
Bitcoin Price Prediction: Fed Rate Cut Hints Propel Bitcoin Beyond $72K — Is a Mega Rally Starting?
Key Takeaways Bitcoin surged past the $72,000 mark, ignited by potential Federal Reserve interest rate cuts. The rally…
XRP Price Prediction: Ripple Just Turned to AI to Protect the XRP Ledger — Is This a Security Game-Changer?
Key Takeaways: Ripple is leveraging AI to enhance the security of the XRP Ledger after identifying vulnerabilities. AI…
Institutional Accumulation: US Bitcoin ETFs and MicroStrategy Drive $1.2B in Demand Surge
Key Takeaways: Institutional investments in Bitcoin have surged with US Bitcoin ETFs and MicroStrategy leading the charge, absorbing…
South Korea Tax Service Leaks Seed Phrases, Loses $4.8 Million in Seized Crypto
Key Takeaways The National Tax Service of South Korea inadvertently leaked private keys in a press release, resulting…
Current Crypto Predictions: XRP, Bitcoin, and Ethereum on the Rise
Key Takeaways Despite geopolitical tensions, Bitcoin hits a remarkable $71,500, reflecting market adaptability. Passage of the U.S. CLARITY…
Why is Crypto Rising? Bitcoin Reclaims $71,000 as Market Moves Past Middle East Tensions
Key Takeaways Bitcoin recovers to $71,000 despite Middle East geopolitical tensions, signaling market resilience. Institutional investors played a…
CLARITY Act News: Trump Administration Confronts Banks Over Crypto Access
Key Takeaways President Donald Trump warns banks to stop restricting crypto or face repercussions. The CLARITY Act, which…
Bitcoin Price Prediction: Veteran Trader Warns Final Flush Is Approaching — Is Another Drop Imminent?
Key Takeaways The current market analysis suggests that Bitcoin may experience another significant drop, termed the “final flush,”…
Solana Price Prediction: SOL Just Reached a Critical Level — Is $100 in Sight?
Key Takeaways Solana has bounced back to a crucial price range, reigniting discussions about its potential to reach…
Ethereum 2029 Strawmap Guide: Ultra-Fast Consensus, Native Privacy, and the "Acceleration Variables" Brought by AI
Altcoin ETF Surge: SOL and XRP Inflows Total $23 Million as Institutions Diversify
Key Takeaways Institutional interest in altcoin ETFs is expanding, with SOL and XRP showing significant inflows on March…
Vitalik Drops Ethereum Endgame Bombshell: ETH USD to $3,000?
Key Takeaways Vitalik Buterin introduces the “Sanctuary Tech” manifesto to address Ethereum’s non-financial limitations. A current lack of…
Exclusive: Yuliya Barabash Predicts the Most Regulated Could Be the Biggest Crypto Winners
Key Takeaways The aftermath of FTX and Celsius collapses has ushered a new regulatory era, reshaping the crypto…
iPhone Crypto Wallets Under Threat from State-Grade Malware
Key Takeaways: The Coruna exploit kit exploits 23 iOS vulnerabilities, threatening iPhone users’ crypto wallets. Initially state-level surveillance,…
Bitcoin Nears Two-Year ‘Make-or-Break’ Resistance: Future Implications
Key Takeaways Bitcoin’s price is approaching key resistance levels around $73,000, observed for the first time since early…
App