US Senate just dropped the updated crypto market structure draft.
This is about finally locking in who regulates what between the SEC and CFTC, how tokens are classified, and how digital assets are treated under US law.
It gives legal protection to non-custodial developers, blocks any backdoor CBDC push, and sets rules that separate stablecoins and crypto platforms from traditional banking risks.
This is regulatory clarity crypto needed.
And this is exactly what large capital needs before it moves.