Wyoming Senator Cynthia Lummis expects a comprehensive crypto market structure law to be presented to President Trump by the end of 2025, potentially as early as Thanksgiving. This legislation aims to clarify regulatory oversight between the SEC and CFTC, fostering a stable environment for crypto innovation and investment. Announced at the Wyoming Blockchain Symposium, the bill builds on the House-passed CLARITY Act, indicating bipartisan support.
The proposed law seeks to reduce market uncertainty, protect investors, and boost innovation, positioning the U.S. as a leader in the digital asset economy. The Senate's 'Responsible Financial Innovation Act' is a key component, with significant reviews anticipated in September and October. While other bills, such as those on CBDCs, may face delays, the focus remains on establishing a fundamental market structure. Senator Lummis's efforts underscore the growing recognition of crypto's importance in the U.S. financial system.
Senator Lummis Predicts Crypto Market Structure Law by 2025
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