Stablecoin Compromise Boosts Legislative Expectations, Crypto Bill Progress Warms Up

Odaily Planet Daily News After the U.S. Senate reached a compromise on stablecoin yield issues, expectations for the advancement of the crypto market structure bill have significantly improved. Industry insiders stated that this development has "significantly boosted market sentiment," and the Senate Banking Committee may advance deliberation and voting as early as next week.

Previously, the probability of the bill passing was estimated at only about 20%–30%, but expectations have now risen to approximately 60%. However, ethical issues surrounding Donald Trump and his crypto business ties are still considered a key final obstacle.

The bill aims to establish a comprehensive regulatory framework at the federal level for the first time, while also delineating the regulatory authority between the SEC and the CFTC.