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Crypto Regulation Showdown: Rep. Hill Forces June 10 Markup for Market Structure Bill
Crypto Regulation Showdown: Rep. Hill Forces June 10 Markup for Market Structure Bill
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Washington’s playing catch-up—again. Representative Patrick McHenry (R-NC) just dropped a June 10 deadline to markup the long-awaited Crypto Market Structure Bill. No more kicking the can down the road.
Why it matters: This could be the first real step toward clarity for exchanges, custody rules, and that ever-elusive ’security vs. commodity’ debate. Or, knowing D.C., another masterpiece of bureaucratic ambiguity.
Wall Street’s already side-eyeing the proceedings—nothing unites tradFi like skepticism of crypto’s wild west. But hey, at least they’re pretending to move fast. For government work.
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