The market structure bill is a proposed federal framework to clarify digital-asset rules, assign regulatory roles, and set compliance standards. Bipartisan roundtable talks in Washington, DC — with Ripple, Input Output and major exchanges present — reported “great progress” toward passing legislation this year.
-
Clear regulatory framework proposed for digital assets
-
Senate roundtable included leaders from Ripple, Input Output, Coinbase, Kraken, Circle and Andreessen Horowitz
-
Lawmakers aim for bipartisan text this year; stakeholder consensus cited by participants
market structure bill: Latest Senate roundtable updates and expert reactions; read concise analysis and next steps for crypto policy — stay informed, act now.
What is the market structure bill and why it matters?
The market structure bill is draft legislation intended to establish a clear federal framework for digital assets, delineating the roles of regulators and standardizing compliance rules. It aims to reduce legal uncertainty for businesses and investors while balancing market integrity and innovation in the U.S. crypto sector.
How did the Senate roundtable shape policy talks?
Industry leaders met with the Senate Banking Committee to discuss draft language and practical implications. Input Output CEO Charles Hoskinson said Ripple representatives “did really well” and reported “great progress.” The session focused on clarifying custody, exchange operations, and the SEC’s enforcement scope, with multiple firms raising technical and market-structure concerns.
Who attended the high-stakes roundtable?
Participants included representatives from Ripple and Input Output, executives from Coinbase and Kraken, USDC issuer Circle, and investors from Andreessen Horowitz, among other industry figures. Senators and staff from the Senate Banking Committee engaged with technical and policy questions to refine the draft language.
What did Charles Hoskinson say about the talks?
Charles Hoskinson described the meeting as constructive, saying “lot more work to do, but great progress is being made on bipartisan legislation being passed this year.” His comments reflect industry optimism that clearer statutory language can reduce regulatory overlap and legal uncertainty.
Why did Ripple criticize the draft previously?
Ripple publicly said earlier versions of the draft could increase ambiguity and expand SEC authority beyond clear jurisdictional lines. Those concerns informed roundtable discussions as stakeholders sought language that would preserve innovation while providing enforceable standards.
Pitching SBR: What is the strategic Bitcoin reserve effort?
Prominent Bitcoin advocates, including Michael Saylor, lobbied for a strategic Bitcoin reserve (SBR) during separate meetings on Capitol Hill. Senators Ted Cruz and Marsha Blackburn met with proponents to explore national-security, monetary, and market-stability arguments for an SBR concept.
Frequently Asked Questions
Will the market structure bill define which regulator oversees crypto?
The draft aims to clarify regulator responsibilities by assigning specific market functions to agencies, but final assignments remain under negotiation. Lawmakers are working to reduce overlap between the SEC and other regulators.
How soon could legislation pass?
Senators described an accelerated timetable for bipartisan negotiation, but passage depends on finalized text and committee votes. Participants reported progress but emphasized remaining drafting work and inter-agency coordination.
Key Takeaways
- Regulatory clarity: The market structure bill seeks to define agency roles and reduce legal uncertainty.
- Broad participation: Major firms and investors engaged directly with Senate staff during the roundtable.
- Next steps: Drafting continues; stakeholders expect further committee work before any floor vote.
Conclusion
The market structure bill conversation in Washington reflects an active effort to balance innovation, investor protection and regulatory clarity. With industry leaders like Ripple and Input Output contributing technical input and lawmakers aiming for bipartisan text, observers expect continued negotiation. COINOTAG will monitor updates and publish verified developments as they occur.
Published: 2025-09-17 · Updated: 2025-09-17
