#CryptoBillionaire ReadyToFly

The upcoming Crypto Market Structure Bill is a major piece of US legislation aimed at creating a clear and comprehensive regulatory framework for digital assets. It’s being spearheaded by Senator Cynthia Lummis, among others, with the goal of passing it before the end of 2025.

The purposes of the bill include the following:

Clarify regulatory oversight: Define which federal agencies — SEC or CFTC — regulate different types of digital assets.

Distinguish asset types: Create legal definitions for digital asset securities vs. commodities.

Protect consumers: Introduce guardrails to prevent fraud and market manipulation.

Encourage innovation: Provide regulatory clarity to help US-based crypto firms thrive without moving overseas.

Regarding key features of the bill, a new “ancillary assets” category has been introduced to classify digital tokens that fall outside traditional definitions of securities or commodities. This move complements a broader stablecoin framework built upon the GENIUS Act, which was signed into law earlier this year to regulate stablecoin issuance and oversight.

Meanwhile, the Senate Banking Committee and the Agriculture Committee — representing SEC and CFTC jurisdictions, respectively — are actively working to reconcile their portions of the bill to ensure regulatory cohesion. The Senate’s version of the legislation also draws from the bipartisan CLARITY Act, previously passed by the House, providing a foundational structure for regulating digital assets.