U.S. lawmakers are convening Thursday to revise a draft bill aimed at establishing a regulatory framework for digital assets, signaling renewed momentum toward passing landmark crypto legislation in 2026. The effort could bring clarity to markets and influence trading dynamics for major cryptocurrencies.
- Lawmakers are meeting Thursday to revise a draft crypto market structure bill.
- The goal is to pass comprehensive federal crypto legislation in 2026.
- The bill could impact BTC-USD, ETH-USD, SOL-USD, and ADA-USD trading platforms.
- Proposed rules may require registration and compliance with anti-money laundering standards.
- Institutional investors and exchanges are awaiting clarity to scale operations.
Senior members of Congress are set to meet on Thursday to review and refine a draft bill focused on crypto market structure, marking a pivotal step in efforts to pass the first comprehensive federal cryptocurrency law. The initiative follows months of bipartisan discussions and reflects growing consensus on the need for regulatory oversight amid expanding institutional adoption and market volatility. The draft legislation, expected to address issues including exchange licensing, custody standards, and anti-money laundering protocols, is being shaped with input from key committee leaders and industry stakeholders. While exact provisions remain under negotiation, the proposed framework aims to bring oversight mechanisms in line with those governing traditional financial markets, potentially requiring platforms handling BTC-USD, ETH-USD, SOL-USD, and ADA-USD to register with federal authorities. Market participants are closely monitoring the process, as regulatory clarity could reduce uncertainty and spur increased institutional investment. Analysts note that a finalized law could stabilize trading volumes and reduce the risk of enforcement actions, which have previously disrupted market sentiment. The timing is critical, with lawmakers expressing intent to advance the bill through Congress before the summer recess. The outcome will affect crypto exchanges, wallet providers, and asset managers operating in the U.S., particularly those handling over $1 billion in daily trading volume. Companies operating under current gray areas may face compliance costs or operational changes if the bill passes with strict requirements.