Market structure bill
Proposed US legislation that would set which regulator oversees crypto assets and how their trading venues operate.
A market structure bill is proposed legislation that would define how digital assets are classified and which US regulator oversees their spot trading, custody and exchanges. Such bills have been debated in Congress for several years, and their status changes often. Check the latest step on our site before drawing conclusions.
On our site, related news is grouped under policy, and the status is stated with its source. A committee vote or amendment is not the same as enactment.
Traders care because rules on classification, custody and venue registration affect which tokens can be listed and which platforms can serve US customers. Markets often react to the bill's progress.
Worked example (illustrative numbers, not real data): a bill advances from committee to a floor vote, and a token rises 8 percent in a day. If the bill later stalls, the token may give back much of that gain, which is why a procedural step is not a final outcome.