๐จ Breaking News: Senator Cynthia Lummis expects the cryptocurrency regulation bill to reach the President's desk before the end of the year!
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๐ข What's new?
* Senator Cynthia Lummis stated that the "Digital Asset Market Structure" bill will be presented to the President for signature before the end of 2025.
* This statement is a strong indication that lawmakers in the United States are working hard to establish clear rules for the sector.
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๐ก Why is this important?
* This law is essential to end the "regulatory uncertainty" that has plagued the market.
* If approved, it will clearly define the regulatory roles of both the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), giving companies more confidence.
* Lummis's statements show that there is political momentum to support digital currencies.
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๐ Future outlook:
* This move could enhance the United States' position as a hub for innovation in the digital currency space.
* This regulatory clarity is expected to attract more institutional investments.
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โDo you think this law will change the global regulatory landscape?
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