The U.S. Congress has ended its recess, and legislation regarding the structure of the crypto market has once again become a focal point.

robot
Abstract generation in progress

On September 2, according to CryptoinAmerica, after the U.S. Congress returned to work following a recess, legislation on the market structure of Crypto Assets is set to become a focal point. The Senate Banking Committee is expected to mark up the discussion draft on market structure by the end of September, while the Senate Agriculture Committee will also release a draft covering CFTC regulatory aspects in the near future. Senator Cynthia Lummis indicated that the market structure bill is anticipated to be signed into law by President Trump before Christmas this year. Additionally, the Small Business Administration has ordered banking institutions to restore services to clients who were illegally "de-banked," and has requested that relevant policies be corrected by December 5. The Consumer Financial Protection Bureau has also publicly acknowledged the abuse of power against certain companies during the Biden administration.

TRUMP2.09%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)