US lawmakers have finally moved forward with a long-pending bill aimed at establishing a regulatory framework for the crypto market. The proposal seeks to define clear market 'rules' for digital asset trading and operations. While the move signals growing acknowledgment that crypto needs structured oversight, observers are noting the irony in how these rules will actually be interpreted and enforced. The emphasis on 'rules' in quotation marks reflects the ongoing debate about whether current legislative efforts truly capture the complexity of decentralized finance and blockchain markets, or if they're merely surface-level attempts at governance. BTC and ETH traders are watching closely as any regulatory clarity could significantly impact market dynamics.