Wyoming Senator Cynthia Lummis is one of the Republican leaders supporting legislation on digital asset market structure, stating that a bill will be sent to President Donald Trump's desk "by the end of the year."
Speaking at a blockchain seminar in Jackson Hole on Wednesday, Lummis indicated that the Republican goal includes passing the market structure bill through the Senate Banking Committee by the end of September, followed by submission to the Senate Agriculture Committee in October.
Both committees will address how U.S. financial regulators—the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission—handle issues related to digital assets.
"We will have the market structure bill on the president's desk by the end of the year," Lummis said. "I hope to do it before Thanksgiving."
The Republican plan to pass the market structure bill in the Senate comes after the U.S. House of Representatives approved the Digital Asset Market Clear Act (CLARITY) in July, which received support from 78 Democrats. Lummis and other Senate Republicans indicated that their legislative version is tentatively named the Responsible Financial Innovation Act, which will "further refine" the CLARITY bill.
"We want to respect the work the House did on the CLARITY bill as much as possible because they got strong bipartisan support for the vote," Lummis stated on Wednesday. "We don’t want to interfere too much with that. So we will use the CLARITY bill as the base bill… CLARITY may ultimately become the bill that passes, but it will be the Senate-adjusted version of CLARITY."
Lummis's remarks echoed the views of Senate Banking Committee Chairman Tim Scott, who spoke at the Wyoming blockchain seminar on Tuesday. The South Carolina senator speculated that once the Senate committee submits the bill for a full vote, "at least 12 to 18 Democrats will be willing to vote for the market structure bill."
The CLARITY bill was one of three pieces of legislation passed by the House in July as part of the Republican "Crypto Week" initiative. In addition to the market structure bill, the House also approved the GENIUS Act, which regulates payment stablecoins, and the Anti-Central Bank Digital Currency Monitoring National Act.
The GENIUS Act had previously passed the Senate and was signed into law by Trump the following day. However, the anti-CBDC bill received the least support from House Democrats among the three bills—only 2 votes in favor out of 212 members present.
The majority of Lummis and other Republican senators have indicated that they intend to focus first on the market structure, suggesting that any legislation regulating CBDCs may be postponed until 2026.
Related: Banking lobby seeks to amend the GENIUS Act: Is it too late?
Original: “U.S. Senator Lummis: Crypto Market Structure Bill Will Become Law Before 2026”
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
