US Senator Lummis: Crypto market structure bill will be law by 2026
The Wyoming lawmaker is one of the Republicans taking the lead to pass market structure in the US Senate.
Wyoming Senator Cynthia Lummis, one of the Republicans leading the charge in support of legislation for digital asset market structure, has said a bill will end up on US President Donald Trump’s desk “before the end of the year.”
Speaking at the Wyoming Blockchain Symposium in Jackson Hole on Wednesday, Lummis said Republicans’ goals included having a market structure bill passed through the Senate Banking Committee by the end of September, followed by consideration in the Senate Agriculture Committee in October.
Both committees will address how the US financial regulators, the Securities and Exchange Commission and Commodity Futures Trading Commission, handle digital assets.