State of Crypto: Wrapping Up the Month

As December concludes, the crypto industry faces dwindling time for legislative wins in 2025, leaving Congress in a state of limbo regarding major progress. The most significant outstanding issue is market structure legislation, which is now unlikely to become law before next year, with uncertainty remaining even about whether markup hearings will occur before January. Meanwhile, regulatory agencies have advanced some efforts, and the Senate is expected to vote next week on a resolution to confirm nearly 100 nominees simultaneously, including Mike Selig for CFTC Chair and Travis Hill for FDIC Chair. The author notes they will be in Washington, D.C., for the Blockchain Association's annual summit.

(Source：CoinDesk)