US Lawmakers Unveil Draft to Reshape Crypto Market Structure
U.S. Senate banking leaders have introduced a draft bill aimed at redefining the regulatory framework for digital assets. The proposal, spearheaded by Republican Senators Tim Scott and others, signals a pivotal shift in how cryptocurrencies may be classified and governed moving forward.
Market participants are closely monitoring the development, as the legislation could significantly impact trading dynamics across major exchanges. The MOVE reflects growing institutional recognition of crypto's role in modern finance, though specific implications for individual coins remain unclear at this stage.