Back

NYDIG’s Greg Cipolaro Warns Senate Crypto Market Structure Bill May Fail by August

According to NYDIG (New York Digital Investment Group), the legislation is at risk if it cannot pass a U.S. Senate floor vote by August.

Summary

Greg Cipolaro of NYDIG (New York Digital Investment Group) said the U.S. Senate’s crypto market structure bill could fail if it does not clear a floor vote by August. The comment points to a narrow legislative window for crypto policy in Washington, where market structure bills typically aim to define how digital assets are regulated and which agencies oversee different parts of the sector.

Terms & Concepts
  • Market structure bill: Legislation that sets the regulatory framework for how digital asset markets operate and which authorities supervise them.
  • Floor vote: A formal vote by the full legislative chamber, used to decide whether a bill advances or passes.
  • Digital assets: Blockchain-based assets such as cryptocurrencies and tokens that can be transferred or recorded on distributed networks.