JUST IN: 🇺🇸 U.S. Treasury Secretary Bessent on crypto market structure bill: It's important to get the bill done as soon as possible, on Trump's desk this spring. https://t.co/4zHrGS723a ...

The United States Senate AG Committee has just passed the crypto market structure bill. The bill gives the CFTC primary authority to regulate Bitcoin treated as a commodity, not a security, with the next step being a full Senate vote, House coordination, and then President Trump's signature, which he has already agreed to as $6 trillion were raised this morning in 60 Minutes. So, if you're asking why crypto crashed despite the good market structure news, actually crypto crashed least.And for perspective, Bi ...

ANALYSIS: Benchmark warns failure to pass crypto market structure bill would cap U.S. valuations by maintaining regulatory risk premium, favoring Bitcoin and infrastructure while leaving exchanges and DeFi structurally constrained.@willcanny99 reports. ...

Core Viewpoint - The U.S. crypto market is at risk of remaining structurally constrained without the passage of market structure legislation, despite increasing global adoption and institutional interest [1]. Group 1: Legislative Impact - The absence of legislation would lead to a persistent structural risk premium across the digital asset ecosystem, limiting valuation expansion for U.S.-exposed platforms [2]. - The proposed bill aims to clarify the classification of digital assets as commodities or securities and define the oversight roles of the SEC and CFTC, but Senate negotiations are slow, raising the risk of delays into next year [4]. Group 2: Market Dynamics - Failure to pass legislation would delay the maturation of the crypto market, causing U.S. markets to operate below potential as investors prefer bitcoin-centric assets and strong balance sheets over regulatory-sensitive segments like exchanges and DeFi [3]. - Without a market structure bill, exchanges would face ongoing listing uncertainties, increased compliance costs, and limitations on expanding into higher-margin products, while stablecoin monetization could be hindered by unresolved regulatory issues [5]. Group 3: Asset Vulnerability - Bitcoin and bitcoin-focused treasury companies are expected to be relatively insulated due to bitcoin's established commodity status, while DeFi and smart-contract platforms remain vulnerable to regulatory ambiguity [6]. - Despite current delays, the passage of a crypto market structure bill is still viewed as likely, which would reduce regulatory risk and encourage broader institutional participation [7].

NEW: 🇺🇸 President Trump Executive Director Patrick Witt says "There *will* be a crypto market structure bill — it’s a question of when, not if." https://t.co/zhlECu2Kuw ...

LATEST: 🇺🇸 White House AI and Crypto Czar David Sacks said on Thursday that US Senators have scheduled a January committee markup for the country's highly anticipated crypto market structure bill. https://t.co/gjLTmJpzcc ...

🇺🇸 SCOOP: Industry leaders from Coinbase, Ripple, and a16z met with Senator Tim Scott today to hash out the crypto market structure bill ahead of January negotiations.@jesseahamilton reports. ...

🇺🇸 NEW: Senator Cynthia Lummis aims to release a draft of the crypto market structure bill by week's end, allowing industry and both parties to vet it before markup next week. https://t.co/srgJ2KSk7n ...

Leavitt would not commit but said she would look into the matter. The CFTC currently has zero Democrat commissioners, though by law it should have two.The issue has become central to ongoing discussions over the crypto market structure bill. Senate Dems have voiced concern about giving the CFTC new powers over crypto if the president breaks precedent and keeps only Republicans at the agency. ...

RT shαs (@XBT002)Some top stories you may have missed overnight:• @BlackRock's $IBIT reported its largest daily net outflow since its January 2024 debut. (@ParkKunwoong)• @CathieDWood's @ARKInvest bought more crypto-related stocks across two of its ETFs yesterday, increasing its positions in @coinbase, @circle, and @Bullish. (@timmyhmshen)• U.S. Senate Banking Chair Tim Scott said yesterday that he aims to have the committee vote on the crypto market structure bill next month. (@ParkKunwoong)• Malaysia's na ...