U.S. Crypto Regulation Faces Major Setback as Market Structure Bill Slips to 2027
2026-01-06 20:15
A major U.S. legislative effort to establish a clear regulatory framework for the cryptocurrency market now faces a potential multi-year delay, according to analysts at investment bank TD Cowen. Lawmakers had hoped to finalize a comprehensive market structure bill this year, but political dynamics in Congress are pushing the timeline forward. Passage could slip to 2027, with implementation of the rules not occurring until 2029. TD Cowen’s Washington research team said Tuesday that while technical language for the bill has been under development for months, lawmakers’ motivation to finalize the legislation before the 2026 midterm elections appears weak. Democrats, in particular, may view the election as an opportunity to improve their standing in the House of Representatives, reducing the urgency to push the bill through in the current session. That strategic calculation, combined with the need for broad support in the Senate, complicates efforts to meet a 2026 deadline. The...
