There is increasing optimism among American lawmakers from both parties that key crypto legislation could be passed before the end of the year. As Congress prepares for the lame duck session following the November presidential election, both the House and Senate are considering significant bills that could establish a federal framework for regulating digital assets. Senator Kirsten Gillibrand expressed hope for a market structure bill during a recent appearance, highlighting the urgency as some pro-crypto lawmakers are set to retire. Congressman French Hill echoed this sentiment, mentioning the potential for bills related to regulatory frameworks and stablecoins to be prioritized. Additionally, there are discussions about attaching crypto-related provisions to major spending deals to ensure their passage alongside essential budgetary items, such as defense funding.

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