Breakthrough imminent! Coinbase's Chief Legal Officer shows strong confidence in the passage of a clear bill He mentioned that although the discussion period for the bill has been much longer than the market expected, there’s a high chance of significant substantive progress in the next 48 hours. The bill passed last year has already laid the groundwork for basic rules in the industry. What’s crucial now is to piece together a complete market structure framework for these policies, especially to clearly define the jurisdiction of the SEC and CFTC over different crypto projects. Senator Tim Scott has played an indispensable role in advancing this consensus. With the Senate Banking Committee hearing and subsequent formal voting procedures approaching, the crypto industry is getting closer to achieving long-term, stable compliance guidance