Senator Cynthia Lummis has announced that the U.S. crypto market structure bill is on track to pass by Christmas. The legislation, co-sponsored by Senators Justice, Tuberville, and Moreno, is designed to bring greater clarity to digital assets within the U.S. financial system.
Key provisions include the creation of a U.S. Bitcoin Reserve, modernized tax codes for digital currencies, and improved investor protections. The bill is expected to generate roughly $600 million in revenue while enhancing institutional participation and liquidity in the crypto markets.
If passed, the legislation will have far-reaching implications for Bitcoin, Ethereum, stablecoins, and other digital assets. It will also influence broker definitions and taxation frameworks.
Analysts believe this bill could provide the comprehensive regulatory overhaul that past proposals lacked, giving investors greater confidence. By promoting institutional involvement and setting clearer rules, the legislation may accelerate the integration of cryptocurrencies into the mainstream economy.
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