Haciyev Reşit 
Wyoming Republican Senator and longtime crypto advocate Cynthia Lummis announced that they aim to pass a bill regulating the structure of the cryptocurrency market through Congress by the end of the year.
Speaking at the Wyoming Blockchain Symposium, Lummis stated:
“Before the end of the year, we will bring market structure to the President’s desk. Our goal is to finish it before Thanksgiving.”
House Version to Be the “Base Bill”
Senator Lummis noted that some senators plan to adopt the Digital Asset Market Clarity Act — passed by the House last month — as the “base bill.”
“The House did a good job on Clarity. We want to preserve as much of it as possible. But there will be some changes.”
Stablecoin Regulations Will Remain
Lummis emphasized that the House’s changes regarding stablecoin regulations will also be preserved in the Clarity Act. She also highlighted the bipartisan nature of the process:
“We want to honor as much of the House’s work on Clarity as possible because they secured a strong bipartisan vote, and we don’t want to jeopardize that.”
A Turning Point for the U.S. Crypto Ecosystem
Lummis reminded that the Clarity Act passed the House with the support of 78 Democrats, showing that this is not just a Republican-led initiative but one with significant Democratic backing as well.
For the crypto sector, long-awaited clear regulations — especially on investor protection, stablecoins, and the institutionalization of digital asset markets — carry major importance. Led by Lummis, this process signals that the U.S. may take on a global leadership role in crypto regulation.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.