The latest news shows that U.S. Senator Cynthia Lummis from Wyoming is actively promoting the legislative process for the Crypto Assets market structure bill. Lummis stated that she plans to submit the bill for presidential signing before the end of this year.

The foundation of this bill is likely the Digital Asset Market Clarity Act, which has already been passed by the House of Representatives. Lummis emphasized that she prefers to retain the House's proposed amendments regarding stablecoins and market structure as a sign of respect for bipartisan support.

Although the Senate version may still see some adjustments, Lummis has set a clear timetable, hoping to complete the entire legislative process before Thanksgiving. This move reflects the increasing importance that the U.S. government places on the regulation of Crypto Assets.

As the Crypto Assets market continues to develop and expand, establishing a clear regulatory framework has become increasingly important. Lummis's action could have a significant impact on the future development of the U.S. Crypto Assets industry, providing market participants with clearer legal guidance.

However, the specific content of the bill and the likelihood of its final passage remain to be seen. The Crypto Assets community and traditional financial institutions will closely monitor the developments of this legislative process, as it may reshape the regulatory landscape for Crypto Assets in the United States and globally.