BREAKING: US House Greenlights Landmark Crypto Market Structure Bill – Bullish Waters Ahead

The crypto industry just scored a major regulatory win—Wall Street's lobbyists must be fuming.

After years of regulatory limbo, the US House passed a sweeping market structure bill that could redefine how digital assets trade. No more guessing games: exchanges now face clear rules, stablecoins get a federal framework, and the SEC’s jurisdiction gets clipped.

Key takeaways:

- Exchanges must register as ‘digital asset trading facilities’—goodbye, regulatory gray zones.

- Stablecoin issuers face Federal Reserve oversight (sorry, ‘algorithmic stablecoin’ degens).

- The SEC vs. CFTC turf war gets a ceasefire—tokens now classified as commodities unless proven otherwise.

Market reaction? BTC pumped 3% on the news, while compliance-heavy altcoins like XRP rallied harder. Meanwhile, traditional finance analysts are still trying to explain why this ‘internet money’ won’t disappear.

One cynical footnote: The bill’s ‘investor protection’ clauses somehow exempt Congress from disclosing their crypto trades. How…convenient.