Crypto Market Structure Bill — Key Update (US)
As the US Congress prepares to mark up the crypto market structure bill on Jan 15, industry leaders are pushing to secure provisions that support long-term innovation and competitiveness.
Key takeaways highlighted by Blockchain
Association CEO Summer Mersinger:
▪️ Developer protections must be guaranteed — open-source and P2P builders should not be treated as financial intermediaries
▪️ Inclusion of BRCA is critical to prevent legal risks for non-custodial code developers
▪️ DeFi must be preserved, not legislated out of existence
▪️ Outdated laws need reform to avoid meritless prosecutions
▪️ Stablecoin policy should protect the GENIUS Act bipartisan compromise and avoid yield bans that limit competition
The Senate Banking Committee is expected to advance the bill, with a potential path to a full Senate vote and presidential approval as early as March 2026, barring amendments.
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