Bybit Crypto Insights Report: The Crypto Market Structure Bill is the next tailwind that the market isn’t currently discussing

The upcoming Crypto Market Structure Bill is a major piece of US legislation aimed at creating a clear and comprehensive regulatory framework for digital assets. It’s being spearheaded by Senator Cynthia Lummis, among others, with the goal of passing it before the end of 2025.

Purposes and features of the bill

The purposes of the bill include the following:

• Clarify regulatory oversight: Define which federal agencies — SEC or CFTC — regulate different types of digital assets.

• Distinguish asset types: Create legal definitions for digital asset securities vs. commodities.

• Protect consumers: Introduce guardrails to prevent fraud and market manipulation.

• Encourage innovation: Provide regulatory clarity to help US-based crypto firms thrive without moving overseas.