The cryptocurrency market structure bill is expected to be launched next week: what does this mean for Bitcoin and other coin investors?

12-10-2025, 8:32:59 AM
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Readers of Gate.com who closely follow U.S. Crypto Assets regulation may soon witness a significant milestone. Senator Cynthia Lummis has indicated that she expects to mark the structure of the Crypto Assets market before Congress begins its holiday recess. After months of revisions, negotiations, and policy debates, lawmakers are pushing forward a long-awaited framework that will define how digital assets are regulated in the U.S. This development could impact the classification of tokens, the operation of exchanges, and the regulation of stablecoins. For investors and traders, this bill could become one of the most important policy initiatives of the year.
The cryptocurrency market structure bill is expected to be launched next week: what does this mean for Bitcoin and other coin investors?

Lummis calls for marking before the holidays

During a recent policy forum, Senator Lummis stated that lawmakers and staff are completing an almost final draft of the Crypto Assets market structure bill. The goal is to distribute the draft for final review, and then hold a modification meeting before the upcoming recess.

At the revision conference, legislators debated, amended, and voted on a bill within the committee before submitting it to the Senate. If completed, this would represent significant progress in federal Crypto Assets legislation, which has been stalled for years.

The bill aims to create a unified regulatory framework for digital assets. This includes clarifying the roles of the Securities and Exchange Commission and the Commodity Futures Trading Commission, defining which tokens fall under the jurisdiction of securities, and establishing rules regarding custody, spot trading platforms, and stablecoin issuance.

Why is this bill important for Crypto Assets regulation?

For many years, the United States has lacked a consistent approach to defining Crypto Assets. Different agencies have adopted different interpretations, leading to lawsuits, enforcement uncertainties, and inconsistencies in market rules.

A comprehensive framework will help the industry understand which tokens qualify as securities and which qualify as commodities. It will also outline the obligations of exchanges, custodians, and stablecoin issuers.

Clarity in these areas helps reduce confusion for developers and lowers legal risks for investors, institutional participants, and trading platforms like Gate.com.

Key regulatory agencies are debating

CategoryToken Characteristicssupervision
SecuritiesTokens sold for profit, tokens with expectations of future returns, governance rightsSEC
commodity or utility tokentokens used for payment, access, or running within the networkCFTC or the new digital commodity system
StablecoinTokens backed by fiat currency or other assetsbank regulatory agencies or designated federal agencies

These distinctions will help reduce litigation and clarify the compliance requirements for crypto assets companies.

What is the next step in the legislative process?

The Senate Banking Committee is expected to review a nearly final draft, discuss amendments, and vote on key revisions. The goal is to align the Senate bill with the earlier House proposal that has already passed the committee.

If the amendment is successful, the bill will be submitted to the Senate for a full debate in early 2026. If both chambers can reconcile their respective versions, the United States may ultimately see its first comprehensive digital assets regulatory law.

The timing will depend on the political agreement and the bandwidth of the committee, but Lummis expressed confidence in making progress before lawmakers recess for the holiday.

Making money: The impact on investors and Gate.com users

The promotion of legal clarity can directly influence market sentiment and investor behavior.

  • Reduced regulatory uncertainty often attracts institutional funds. Pension funds, asset management companies, and hedge funds are more inclined towards markets with clear rules. If a clear framework emerges, the liquidity of major coins may increase.

  • Exchanges like Gate.com can benefit from standardized compliance rules, which may encourage new listings, improved custody standards, and easier integration of fiat services.

  • Tokens with strong practicality or transparent token economics may perform better than speculative assets in a regulatory environment that is more favorable to sustainable projects.

  • The clarity of stablecoins may provide traders who frequently move funds between assets with safer and more regulated options.

In short, regulatory structures usually lead to a more stable market and stronger investor confidence.

Extra market effects need attention

Impact AreaPotential outcomes
exchangeHigher compliance standards may lead to stronger user protection.
Token ListingClear classification may allow for more tokens to be securely listed.
Institution adoptionOnce regulatory risks are reduced, participation will increase.
Retail TradingMore confident in the legitimacy of the market, especially through platforms like Gate.com.

Conclusion

Senator Lummis pushes to advance the Crypto Assets market structure bill before the holiday recess, marking a key moment for the U.S. digital assets ecosystem. If lawmakers finalize the draft and make revisions, it could bring the country closer to comprehensive Crypto Assets regulation.

For investors and users on Gate.com, this potential change promises clearer rules, safer market participation, and a more predictable trading environment. As with any legislative process, the outcome depends on negotiations, but this momentum suggests meaningful progress towards modern encryption currency regulation.

Frequently Asked Questions

What is the goal of the Crypto Assets market structure bill?
The bill aims to clarify the classification and regulation of digital assets in the United States, including rules for exchanges, stablecoins, and custodians.

Why is Senator Lummis now pushing for the labeling of Crypto Assets?
She hopes the committee will finalize the draft before the holiday recess and move forward to maintain the momentum of the legislation.

How will this bill affect Crypto Assets investors
This will reduce uncertainty, improve market structure, and may increase institutional liquidity.

According to the bill, which institutions will regulate Crypto Assets?
The SEC will regulate securities, while the CFTC or a new framework will regulate commodity and utility tokens.

How will this affect Gate.com users?
Users may benefit from clearer rules, better protections, more predictable listings, and improved market confidence.

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
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