Senate Advances Major Crypto Market Bill Towards Approval

The U.S. Senate is set to take significant steps forward with the advancement of a crucial crypto market structure bill, with committee votes scheduled for December and potential Senate floor discussion in early 2026. This bill aims to provide clarity on regulatory jurisdiction within the cryptocurrency sector, potentially impacting major cryptocurrencies like Bitcoin and Ethereum. High-ranking lawmakers from both parties are driving this effort, including Senators Tim Scott (Banking Chair) and John Boozman (Agriculture Committee Chair), who emphasize its importance for both investor confidence and global leadership in the cryptocurrency space.