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U.S. Bitcoin and Crypto Market Structure Bill Reportedly Nears Markup

Fox Business reports the legislation is moving toward markup, with support from Republican lawmakers said to be increasing.

Summary

A Fox Business report says a U.S. bill focused on Bitcoin and broader crypto market structure is heading toward markup soon, a key stage in the legislative process when lawmakers review, debate, and amend a proposal before advancing it. The report also quotes a source saying progress is "going really well" and that Republican votes are now coming on board, indicating growing political support for the measure.

Terms & Concepts
  • Market structure bill: Legislation that sets rules for how crypto assets and trading platforms are regulated, supervised, and classified in financial markets.
  • Markup: A legislative stage in which a congressional committee reviews a bill, proposes amendments, and decides whether to move it forward.
  • Crypto market structure: The regulatory framework covering how digital assets are issued, traded, and overseen by government authorities.