Lummis Says Crypto Bill Could Be Moved This Week
Bitcoin’s policy backdrop is shifting as Senator Cynthia Lummis presses to move a U.S. crypto market structure bill through the Senate within weeks. At the same time, Bitcoin price action continues to react to Federal Reserve meetings and now hovers near the average cost basis of spot ETF buyers.
Lummis Says Crypto Market Structure Bill Could Move Within Weeks
Senator Cynthia Lummis says the long-awaited U.S. crypto market structure bill could advance within weeks as Senate negotiators finalize the latest draft. She discussed the timeline during recent policy meetings in Washington, noting that the Banking Committee is close to completing the text after months of revisions.
Lummis and Senator Kirsten Gillibrand are leading the effort to…
