Breaking: U.S. Senator Confirms Crypto Market Structure Bill Deadline – Sept. 30 or Bust
Washington's crypto reckoning arrives by Q3—whether Wall Street's ready or not.
The Countdown Begins
A high-stakes deadline now looms over Capitol Hill's crypto chaos. The White House just got served a hard deadline: September 30 for market structure clarity. No extensions.
Why This Hurts TradFi
Legacy finance's favorite stall tactics just hit a brick wall. With 95 days until D-day, lobbyists are scrambling to water down provisions that could finally expose shadowy OTC desks and 'accidental' rehypothecation schemes.
The Institutional Domino Effect
Expect custody wars to erupt as regulated players jockey for position. The bill could force the SEC's hand on spot ETFs—just in time for post-election positioning. Funny how deadlines focus minds.
The Bottom Line
Either DC delivers regulatory certainty by fall, or they'll trigger another industry exodus to friendlier jurisdictions. Place your bets—this time, the over/under actually matters.