Market structure legislative process slows down, US cryptocurrency regulatory framework may take years to be implemented

According to market analysis, a U.S. market structure bill aimed at establishing a clear regulatory framework for digital assets may have a longer legislative process than expected. Some believe that, despite the possibility of progress this year, the bill is more likely to be delayed until 2027 for passage. If this timeline holds, the final implementation rules are expected to take effect only by 2029. This assessment is based on observations of the current U.S. political landscape and legislative agenda. Analysts point out that disagreements between the two parties in Congress on many issues, complex legislative procedures, and the upcoming election cycle are factors that could delay key fintech legislation. The formulation and enforcement of regulatory rules are inherently time-consuming processes; even after the bill is passed, relevant agencies will still need considerable time to draft specific rules and solicit public feedback. For the cryptocurrency industry, the delay in legislation means the market will continue to operate amid uncertainty created by a series of temporary regulatory measures and enforcement actions. This uncertainty may affect institutions’ willingness to participate and the speed of new product launches. However, some observers believe that a longer deliberation period might provide more space for discussion among all parties, ultimately leading to a more robust and durable regulatory system. —Disclaimer: This article reflects only the author’s personal views and does not constitute any investment advice. The market carries risks; invest cautiously. Follow me: Get more real-time analysis and insights into the crypto market!

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