Congressman Bryan Steil has confirmed that proposed digital asset market structure legislation remains on track for consideration, despite recent government funding disruptions. The bipartisan bill, which aims to establish comprehensive regulatory frameworks for cryptocurrency markets, continues to advance through congressional procedures.
While Senate Republicans had previously indicated intentions to pass digital asset market structure legislation before 2026, the bill’s timeline had already experienced delays prior to the recent government funding lapse. Representative Steil emphasized that the legislative process continues moving forward, with committee work and stakeholder consultations proceeding as planned.
The proposed legislation represents a significant step toward creating clear regulatory parameters for digital asset markets, addressing concerns about investor protection, market integrity, and jurisdictional clarity. Lawmakers from both parties recognize the growing importance of establishing coherent policies for the rapidly evolving cryptocurrency sector.
Despite temporary government funding challenges, congressional staff and lawmakers continue working on refining the bill’s provisions. The legislation’s supporters remain committed to creating a balanced regulatory approach that fosters innovation while ensuring adequate consumer safeguards and market stability in the digital asset ecosystem.
