Wyoming Senator Cynthia Lummis has expressed confidence that a bill focused on establishing a clear market structure for digital assets will reach President Donald Trump’s desk by the end of this year. Speaking at the Wyoming Blockchain Symposium, Lummis highlighted her goal for the market structure bill to be passed through the Senate Banking Committee by the end of September and then considered by the Senate Agriculture Committee in October. This legislation stems from the Digital Asset Market Clarity (CLARITY) Act, which previously garnered bipartisan support. Lummis noted that efforts are being made to build upon the CLARITY Act with a new proposal tentatively called the Responsible Financial Innovation Act. Both committees aim to clarify the roles of the Securities and Exchange Commission and Commodity Futures Trading Commission in regulating digital assets. Lummis and other Republican senators are prioritizing market structure discussions, indicating potential delays for legislation regarding Central Bank Digital Currencies (CBDCs) until 2026.

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