Crypto’s Long-Awaited Market Structure Bill: Tim Scott Warns Vote Could Be Razor-Thin
Washington's dragging its feet—again. After years of regulatory limbo, the crypto market structure bill faces a make-or-break vote that could redefine the entire digital asset landscape.
Senator Tim Scott isn't mincing words: this could go either way. Lawmakers are split, lobbyists are swarming, and the clock's ticking.
Why it matters? Clear rules mean institutional money. Uncertainty means more sideways action. The bill promises custody standards, exchange regulations, and maybe—just maybe—a path out of the SEC's enforcement-by-lawsuit circus.
Wall Street's watching, too. They love volatility but hate ambiguity. A 'yes' vote could trigger the largest capital inflow since Bitcoin's last ATH. A 'no'? Another excuse for hedge funds to short retail sentiment.
Final thought: If this fails, expect more offshore derivatives, more regulatory arbitrage, and another decade of Congress pretending blockchain is a type of bicycle chain. Typical.