The U.S. Senate advances the stablecoin bill, while the House of Representatives makes progress on market structure reforms.

According to Mars Finance, CoinDesk reported that on June 12, the U.S. Senate began reviewing an important stablecoin regulatory bill aimed at establishing a federal regulatory framework for dollar stablecoins. Meanwhile, the House of Representatives has made phased achievements in reforming the market structure of Crypto Assets, and related proposals have entered the legislative process.

Analysts point out that the progress of these two pieces of legislation marks a gradual improvement in the United States' Crypto Assets regulatory system, potentially providing clearer compliance guidance for the industry. If the bills are ultimately passed, they will significantly impact the operating models of stablecoin issuers and digital asset trading platforms.