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Bipartisan Market Structure Bill in the U.S. Senate to be unveiled just before midnight
The U.S. Senate Banking Committee is scheduled to release the final draft of a new bipartisan Market Structure Bill by midnight. According to news shared by cryptocurrency journalist Eleanor Terrett, the Senate has agreed to publish the full text of the bill before local midnight. This is expected to be the moment when the details of the regulatory framework, long awaited by both parties in Washington, are revealed.
Legislation Driven by Stablecoin Yield Debate
Ahead of the bill’s release, a fierce debate erupted over stablecoin yields. The core issue where the House and Senate’s regulatory positions clashed was how to handle the income generated from assets held by stablecoin issuers. Despite these disagreements, both parties agreed on the need for clear regulatory guidelines for the cryptocurrency market, ultimately leading to a compromise.
Bipartisan Consensus Accelerates Market Regulation Measures
As Thursday approaches, the bill has become a focal point in the cryptocurrency regulation debate. This bipartisan-supported Market Structure Bill is expected to outline the direction of broad asset regulation, from Bitcoin to altcoins. The specific contents of the bill to be released before midnight are of great interest to industry insiders, and it could potentially shape the future direction of U.S. cryptocurrency policy.