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Senator Lummis Advocates for Bipartisan Support on Crypto Market Structure Bill

Following the successful 2024 elections and notable legislative achievements in 2025, the cryptocurrency sector is gearing up to enhance its financial influence in anticipation of the 2026 midterm elections. This year, Congress passed the GENIUS Act, which facilitates the broader adoption of stablecoins—an essential tool for the crypto industry—within the financial ecosystem.

Currently, the focus has shifted to a significant crypto market-structure bill that aims to implement extensive reforms in the oversight of digital assets. Senator Cynthia Lummis, a Republican representing Wyoming, recently discussed this pivotal legislation on «Bloomberg Crypto» with host Scarlet Fu. During the interview, Lummis highlighted the importance of achieving bipartisan support for the bill, underscoring the potential benefits of a more structured regulatory framework for the cryptocurrency market.

Additionally, Lummis touched upon the concept of a Bitcoin reserve and emphasized the increasingly favorable environment for cryptocurrency in Washington, D.C. As the industry prepares for new legislative challenges and opportunities, the collaboration between lawmakers from both parties could play a crucial role in shaping the future of digital assets in the U.S.

As the landscape evolves, stakeholders in the crypto community are closely monitoring developments and advocating for policies that promote innovation while ensuring consumer protection and market stability.

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Source: Original