Cryptocurrency Monthly Summary: Regulatory Progress is Slow, Market Structure Bill is Pending. Congressional committees have pushed forward nominees for cryptocurrency regulation, but the full Senate has yet to confirm them. The market structure bill is urgent, with potential implementation as early as next year. This month’s observation: Regulatory bodies are steadily advancing cryptocurrency-related work, but Congress remains in a state of uncertainty. The Senate Banking and Agriculture Committees are negotiating the bill text, and the review meeting scheduled for December 18 may be postponed. Highlights this week: The Senate will vote to confirm nominees including the chair of the Commodity Futures Trading Commission and the chair of the Federal Deposit Insurance Corporation. Overall, the cryptocurrency industry needs to patiently await clear guidance. Regulatory friendly signals are gradually emerging, contributing to long-term ecological stability. What are your expectations for progress in December?
