U.S. Crypto Market Structure Bill Gains Bipartisan Support, Trump Administration Backs Legislation

Gate News message, April 25 — Senator Cynthia Lummis signaled on April 25 that Congress is positioned to advance a comprehensive crypto market structure bill with bipartisan backing and support from the Trump administration. “We have bipartisan support. We have President Trump’s support. This is our moment,” Lummis stated.

The proposed legislation aims to establish a clear regulatory framework for digital assets in the United States, addressing current regulatory gaps and overlapping rules. The bill seeks to categorize digital assets as either securities or commodities, reducing compliance uncertainty for crypto exchanges, token issuers, and institutional platforms. The framework is designed to balance investor protection with continued innovation in the sector.

The bipartisan momentum reflects growing recognition among U.S. lawmakers that a unified crypto policy is essential as other jurisdictions advance their own digital asset regulations. The political alignment across parties and executive branch support suggests accelerated legislative progress.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

U.S. OCC Sets Draft Framework for Stablecoin Issuers Under GENIUS Act Framework

OCC draft sets federal rules for stablecoin issuers and custody services, focusing on safety and regulatory compliance. Proposal excludes AML and sanctions rules, leaving those areas for separate coordination with Treasury agencies. Framework marks initial step in multi-agency

CryptoFrontNews10m ago

DOJ Drops Criminal Investigation into Powell, Clearing Path for Crypto-Friendly Warsh as Next Fed Chair

Gate News message, April 25 — The U.S. Department of Justice has dropped its criminal investigation into Federal Reserve Chair Jerome Powell, clearing the way for the Senate to confirm Kevin Warsh as the incoming Federal Reserve chair. On Friday, April 24, U.S. Attorney for the District of

GateNews17m ago

US Sanctions Iran-Linked Crypto Wallets, Tether Freezes $344M USDT

U.S. Treasury Secretary Scott Bessent announced that the federal government is sanctioning multiple wallets linked to Iran as part of President Donald Trump's ongoing efforts to increase economic pressure on the country amid an ongoing ceasefire. The move comes a day after Tether froze $344

CryptoFrontier1h ago

Tennessee Becomes Second U.S. State to Ban Crypto ATMs Statewide, Effective July 1

Gate News message, April 25 — Tennessee has become the second U.S. state to ban crypto ATMs statewide after Gov. Bill Lee signed House Bill 2505 into law on April 13. The law, which passed both chambers unanimously, was officially codified on Thursday and will take effect July 1. The legislation pr

GateNews4h ago

Brazil Bans Leading Prediction Market Platforms in Sweeping Regulatory Crackdown

Gate News message, April 25 — Brazil's central bank has enacted a comprehensive ban on prediction market platforms, prohibiting major prediction markets and approximately 28 other betting platforms from operating in the country. The ban, outlined in a resolution by Banco Central do Brasil, cited non

GateNews4h ago

DeFi Education Fund, 35 Crypto Leaders Press SEC to Formalize DeFi Broker Guidance

Gate News message, April 25 — The DeFi Education Fund and 35 other crypto industry leaders are urging the Securities and Exchange Commission to formalize its decentralized finance interface guidance into formal

GateNews4h ago
Comment
0/400
No comments