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[Senator Lummis Pushes Crypto Market Structure Bill, Aiming for Legislation by Thanksgiving] U.S. Republican Senator Cynthia Lummis from Wyoming plans to advance the cryptocurrency market structure bill through the legislative process by the end of 2025 and submit it for the President's signature. The bill is based on the 'Digital Asset Market Structure Clarity Act' passed by the House of Representatives. Lummis hopes to retain as much of the House's amendments on stablecoins and other provisions as possible to reflect the spirit of collaboration between the two chambers. Reportedly, the bill previously received support from 78 Democratic representatives in the House. Lummis stated that the goal is to complete the legislative work by Thanksgiving.

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