US Securities and Exchange Commission Chair Paul Atkins expressed strong optimism that the crypto market structure bill will reach President Trump’s desk this year. The legislation is designed to move digital asset markets out of a regulatory gray zone and establish clear oversight for both the SEC and CFTC.
Atkins praised the bill as a key step in providing regulatory clarity for the domestic crypto sector, aligning with the administration’s goal of making the US a global crypto hub. He emphasized that clear rules will give investors and companies greater certainty in the marketplace, protecting against conflicting regulatory actions.
The Senate Agriculture Committee, which oversees the CFTC, recently postponed the final markup of the bill to the end of January to allow more time for consensus-building. The Senate Banking Committee, responsible for SEC oversight, is still scheduled to mark up the legislation this week. Despite these delays, Atkins remains confident the bill will progress this year.
Atkins highlighted that passing the legislation is essential to future-proof US crypto markets against rogue regulators. The bill is widely viewed as a major milestone in giving both the SEC and CFTC primary oversight over digital assets, creating a stable environment for innovation and growth in the American crypto ecosystem.
While potential challenges such as a government shutdown, could delay proceedings, the consensus among regulators and lawmakers is that the bill represents a crucial step toward formalizing crypto regulation in the US.
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