House passes crypto market structure bill

Regulatory Landscape - The House passed a bill with strong bipartisan support to define digital assets as commodities or securities, a top priority for the crypto industry [1] - The bill now proceeds to the Senate, facing potential challenges in securing Democratic support and resolving debates between the House and Senate [2] - 78 Democrats crossed the aisle to vote with Republicans, indicating strong bipartisan support despite concerns about Donald Trump's family profiting from crypto [3] Legislative Progress - The House is expected to vote on a stablecoin bill with strong bipartisan support, potentially leading to it being signed into law soon [4] - A similar measure previously received 71 Democratic votes in the House, showing increased Democratic support [3]