House prepares second stab at a crypto market structure bill

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While stablecoin legislation has dominated recent headlines, House Representatives are in the final stages of drafting a crypto market structure bill, according to people familiar with the matter. 

I’m told that the discussion draft is expected to be released by the end of the month. The timeline aligns with President Trump’s goal of having both stablecoin and market structure bills passed by the end of this summer. 

Representatives will likely pull from the Financial Innovation and Technology for the 21st Century Act (FIT21), which the House passed last Congress. FIT21, among other things, sought to make the Commodity Futures…

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