Article Summary

The U.S. cryptocurrency market structure bill is gaining significant bipartisan momentum in Congress, with Coinbase CEO Brian Armstrong declaring the legislation is "90% there" toward completion. This landmark crypto regulation framework represents a major breakthrough for the digital asset industry, potentially providing much-needed regulatory clarity for Bitcoin, Ethereum, and other cryptocurrencies. The bipartisan support signals a shift in Washington's approach to blockchain technology and DeFi regulation, moving away from enforcement-heavy tactics toward comprehensive market structure guidelines. Industry leaders view this development as crucial for mainstream cryptocurrency adoption and institutional investment growth. Armstrong's optimistic assessment suggests the bill could soon establish clear regulatory frameworks for crypto exchanges, digital asset custody, and token classifications. This progress comes as the cryptocurrency market seeks regulatory certainty to drive further innovation in blockchain technology and decentralized finance. The legislation's advancement could significantly impact Bitcoin and altcoin markets, potentially attracting more institutional investors and legitimizing the crypto ecosystem. Market participants are closely monitoring this regulatory milestone, which could reshape the American cryptocurrency landscape and influence global digital asset policy frameworks.