$The cryptocurrency market in the United States could reach $20 trillion as bilateral talks progress.
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TheMarketPeriodical
Release Time: 09/12/2025 19:16:08
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According to TheMarketPeriodical, a White House official predicted that the digital currency market could reach $20 trillion following the passage of the market structure bill. Democrats in the Senate met on December 8 to review a settlement proposal with Republicans regarding the regulation of digital currencies. The Senate Banking Committee has tentatively scheduled a review of the bill for late December 2025. This claim originated from social media posts by cryptocurrency commentator Vivek Singh on November 6, 2025, although the specific official involved has not been identified. The bill would classify Bitcoin and Ethereum as digital commodities under the oversight of the Commodity Futures Trading Commission (CFTC), removing them from the Securities and Exchange Commission (SEC) securities regulation. Consumer protection remains a major point of contention between Democrats and Republicans. The House of Representatives passed the Digital Asset Market Clarity Act in July 2025 with bipartisan support. President Trump signed an executive order in January 2025 banning central bank digital currencies.
