What happened?
Blockchain Association CEO Summer Mersinger said it’s still possible for Congress to pass crypto market-structure legislation this session despite shifting deadlines. She stressed that getting the rules right matters more than moving fast, and that senators are actively trading ideas and drafting language. Bipartisan talks — including leaders like Senators Boozman and Booker and recent industry roundtables — mean new draft text is expected as negotiations continue.
Who does this affect?
This affects crypto companies, exchanges, DeFi projects, and the investors who use them, because new rules could change how products are offered and traded. It also matters to regulators and policymakers who will have to enforce any new framework, and to industry leaders who’ve been meeting with lawmakers. Ultimately, U.S. financial infrastructure and firms that want to stay competitive here will be watching closely.
Why does this matter?
Clear market-structure rules could reduce uncertainty, attract more institutional capital, and improve liquidity across digital-asset markets. If talks stall, uncertainty could keep volatility high and push innovation or trading activity to friendlier jurisdictions. Passing thoughtful legislation would likely boost investor confidence, protect consumers, and help the U.S. remain a leader in crypto financial infrastructure.