Congress Passes Market Structure Bill, Crypto Gets Clear Rules
Senate Banking Committee finalizes bipartisan market structure legislation in early 2026, creating clear CFTC jurisdiction over spot commodity tokens and SEC authority over securities tokens. The GENIUS Act's stablecoin framework gets fully implemented by July deadline. Combined with Atkins' Project Crypto, this gives the industry the regulatory clarity it's demanded for years. Major exchanges list hundreds of new tokens. Enforcement becomes predictable and rare. The open question: whether the pendulum swung too far from investor protection.
