As Congress resumes its session after a recess, U.S. lawmakers are prioritizing crypto policy. Key focus areas include establishing crypto market structure, with the Digital Asset Market Clarity Act having passed in the House with bipartisan support. Senator Cynthia Lummis is advocating for this legislation to progress quickly, anticipating it may reach the president by year's end. Additionally, the nomination of Brian Quintenz for the Commodity Futures Trading Commission (CFTC) chair position is in consideration, although it faces challenges. Furthermore, a provision prohibiting a central bank digital currency (CBDC) is included in the National Defense Authorization Act, reflecting Republican concerns about surveillance implications of digital currencies. The dynamics of these legislative discussions could significantly shape the future regulatory landscape for the cryptocurrency industry.

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