U.S. House Confirms Bitcoin & Market Structure Bill to Hit House Floor Next Week

HKAN | Jul 14

The U.S. House of Representatives has officially confirmed that the Bitcoin & Crypto Market Structure bill will get a floor vote during this week’s “Crypto Week,” starting July 14.

 

 

What’s in the Bill?

Introduces a regulatory framework to clearly define agency oversight of crypto, assigning assets on decentralized blockchains to the CFTC and others to the SEC.

 

Part of a broader package that includes stablecoin rules and a bill restricting central bank digital currencies (CBDCs).

 

 

 

Why It Matters

Regulatory clarity for Bitcoin and crypto.

 

Signals growing Congressional focus on digital assets.

 

Bitcoin recently surged past $122,000 amid optimism around these bills.

 

 

 

Final Take

The scheduled vote on the crypto market structure bill marks a pivotal step toward providing long-awaited regulatory clarity for Bitcoin and digital assets. Investors and the industry are watching closely.