🚨 Important legislative development for the crypto market in America
Galaxy Research Director, Alex Thorn, announced that next week will enter a critical phase for shaping the legal framework for the cryptocurrency market. The Senate Agriculture Committee issued a draft law granting the CFTC authority to regulate the spot crypto market.
The goal is to establish a clear structure for regulating platforms and intermediaries. The anticipated session on Tuesday may determine the legislative direction of the market, which is a very important factor for the future of crypto in 2026 and beyond.
Things are leaning towards clearer regulation and the market is watching 👀📜
