Gate News message, April 25 — Senator Cynthia Lummis signaled on April 25 that Congress is positioned to advance a comprehensive crypto market structure bill with bipartisan backing and support from the Trump administration. “We have bipartisan support. We have President Trump’s support. This is our moment,” Lummis stated.
The proposed legislation aims to establish a clear regulatory framework for digital assets in the United States, addressing current regulatory gaps and overlapping rules. The bill seeks to categorize digital assets as either securities or commodities, reducing compliance uncertainty for crypto exchanges, token issuers, and institutional platforms. The framework is designed to balance investor protection with continued innovation in the sector.
The bipartisan momentum reflects growing recognition among U.S. lawmakers that a unified crypto policy is essential as other jurisdictions advance their own digital asset regulations. The political alignment across parties and executive branch support suggests accelerated legislative progress.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
US Sanctions Iran-Linked Crypto Wallets, Tether Freezes $344M USDT
U.S. Treasury Secretary Scott Bessent announced that the federal government is sanctioning multiple wallets linked to Iran as part of President Donald Trump's ongoing efforts to increase economic pressure on the country amid an ongoing ceasefire. The move comes a day after Tether froze $344
CryptoFrontier36m ago
Tennessee Becomes Second U.S. State to Ban Crypto ATMs Statewide, Effective July 1
Gate News message, April 25 — Tennessee has become the second U.S. state to ban crypto ATMs statewide after Gov. Bill Lee signed House Bill 2505 into law on April 13. The law, which passed both chambers unanimously, was officially codified on Thursday and will take effect July 1.
The legislation pr
GateNews3h ago
Brazil Bans Leading Prediction Market Platforms in Sweeping Regulatory Crackdown
Gate News message, April 25 — Brazil's central bank has enacted a comprehensive ban on prediction market platforms, prohibiting major prediction markets and approximately 28 other betting platforms from operating in the country. The ban, outlined in a resolution by Banco Central do Brasil, cited non
GateNews3h ago
DeFi Education Fund, 35 Crypto Leaders Press SEC to Formalize DeFi Broker Guidance
Gate News message, April 25 — The DeFi Education Fund and 35 other crypto industry leaders are urging the Securities and Exchange Commission to formalize its decentralized finance interface guidance into formal
GateNews3h ago
China's Central Bank and Eight Departments Ban Virtual Currency Marketing Services
Gate News message, April 25 — China's central bank and seven other government departments jointly issued the Financial Products Online Marketing Management Measures, which will take effect on September 30, 2026. The regulation systematically oversees financial product online marketing activities and
GateNews5h ago
DOJ Drops Criminal Investigation Into Fed Chair Powell, Clearing Path for Crypto-Friendly Warsh's Confirmation
Gate News message, April 25 — The U.S. Department of Justice has dropped its criminal investigation into Federal Reserve Chair Jerome Powell, removing a key obstacle to Senate confirmation of Kevin Warsh as the incoming Fed chair. On Friday (April 24), U.S. Attorney for the District of Columbia
GateNews5h ago
