On June 24, 2025, the U.S. Senate Banking Committee announced principles for crypto market structure legislation, emphasizing regulatory clarity, promoting innovation, and protecting consumers (#Decrypt ). Led by Republican Senators like Tim Scott and Cynthia Lummis, the principles define the legal status of digital assets, delineate regulatory agency authority, and modernize oversight.

This move comes ahead of a hearing with Coinbase and Multicoin Capital, amidst the Digital Asset Market Clarity Act, which shifts crypto oversight from the SEC to the CFTC, nearing a vote in the full House of Representatives. However, Senator Adam Schiff (D-CA) proposed the COIN Act, banning the President and family from profiting from crypto while in office, stirring controversy after the GENIUS Act was passed. With Bitcoin at $106,000 (CoinGecko), these regulations promote DeFi and blockchain, but the risk of conflicts of interest remains.

Risk warning: Information is for reference only, not investment advice. #anhbacong