The US is entering a period of clearer regulation for crypto assets; the passage of a market structure bill could improve industry predictability and benefit retail investors.

The regulation of crypto assets in the United States is accelerating. If the proposed crypto market structure bill is ultimately passed, it will clarify the regulatory authority of federal regulators over digital assets, making cryptocurrencies easier to manage, track, and trade, potentially attracting more investors and increasing token value. It is understood that crypto platforms such as Coinbase and Kraken will follow a registration system, while stablecoin issuers such as Circle and Tether will need to meet bank-like regulatory requirements to ensure the safety of retail investors' assets. The subsequent process includes: approval by two Senate committees, a full Senate vote, final signature by the House of Representatives, and finally, signature by President Trump. Overall, most crypto investors will not be affected in the short term, but in the long run, the bill is expected to provide a safer and more predictable trading environment, while making the compliance operations of crypto platforms more transparent. (CoinDesk)