U.S. Senator Cynthia Lummis Says Bitcoin and Crypto Market Structure Bill Faces May Markup

Cynthia Lummis said proposed digital asset market structure legislation is expected to be marked up in May, signaling the next formal step in the U.S. congressional process.

Summary

U.S. Senator Cynthia Lummis said Bitcoin and broader crypto market structure legislation will be marked up in May. In U.S. lawmaking, a markup is the stage when lawmakers review, amend, and advance a bill through committee, making it an important procedural step for digital asset policy. Lummis also said, "We are gonna get it to the finish line," indicating her support for moving the legislation forward.

Terms & Concepts
  • Market structure legislation: A bill that sets rules for how a financial market operates, including oversight, trading, and participant responsibilities.
  • Markup: A committee process in which lawmakers debate, amend, and vote on proposed legislation before it can advance.
  • Digital assets: Blockchain-based assets such as cryptocurrencies that can be transferred, stored, or traded electronically.