On September 7, 2025, the Senate Banking Committee introduced an updated market structure bill, significantly impacting cryptocurrency regulation, particularly affecting assets like ETH and DeFi tokens.
Senate Banking Committee's Revised Bill
According to Eleanor Terrett, the updated market structure bill aims to clarify regulatory guidelines, impacting market participation and asset innovation. Stakeholders anticipate reduced enforcement risks.
> "The U.S. Senate Banking Committee will soon release the latest market structure legislative draft, reflecting the feedback from the consultation before the August recess." > — Eleanor Terrett, Journalist, Fox Business
Impact on Staking and Airdrops
The bill's changes are poised to alter how industries approach staking and airdrops, potentially boosting innovation. It redefines securities classification, offering relief to projects like Ethereum and DePIN, reducing fears of heightened SEC enforcement.
Protections for Developers and Regulatory Clarity
Developers and open-source contributors receive enhanced safeguards against liability. This bill reinforces measures to balance consumer protection with blockchain innovation, proposing structured SEC and CFTC partnership for improved regulatory clarity.
> "Our goal is to balance consumer safeguards with preserving the ethos that makes blockchain different from traditional finance." > — Committee Insiders, Senate Banking Committee
The revised market structure bill represents a step towards clearer regulatory frameworks, potentially leading to increased transaction volumes and liquidity in the market while enhancing its efficiency and stability.
