Rep. French Hill, a Republican from Arkansas, is ramping up efforts to advance the Bitcoin Crypto Market Structure Bill, which would provide a regulatory framework for the digital asset industry. While Hill is encouraged by rising legislative momentum for such legislation since 2023, he notes a rising awareness in Washington of the economic and technological benefits of the sector. Hill believes it is necessary to pass his proposed bill to protect innovation and provide legal certainty for crypto firms that are operating in America. Inaction, according to Hill, risks allowing America to lose its competitive edge while blockchain companies seek friendlier regulatory environments abroad.
Urgency to Keep Crypto Firms in the U.S.
The urgency for legislation is due to the growing fears of Bitcoin Crypto companies moving offshore, as the regulatory environment continues to be uncertain. Hill also reiterated in an October 2023 interview with Forbes that, as compared to a few short years ago, the legislative environment for crypto is better but is not where it should be.
The U.S. president of the Blockchain Association and industry leaders have made similar comments about the fact that prolonged uncertainty will drive investment, jobs, and technology from this country. Hill can provide those pieces of certainty, with legislation that includes a coherent legal framework on which the digital asset market operates.
Momentum from Previous Legislative Wins
Hill’s momentum builds on prior victories such as the bipartisan vote on the Digital Asset Market CLARITY Act during ‘Crypto Week’ in July 2025. The act established an important framework for subsequent legislation. Lawmakers were able to align definitions, compliance requirements, and oversight functions, asserting that Bitcoin Crypto operations need to be filed within the traditional financial ecosystem. The Market Structure Bill that Hill believes in is the next phase, a continuation to fill in the gaps left by earlier legislation.
There’s been a fair amount of bipartisan effort, although some Senate Democrats have raised concerns around investments linked to President Trump and his family; the overwhelming trend nationwide is bipartisan endorsement regarding a nationally strategic digital asset value ecosystem.
Navigating Political Challenges
Some Democrats want more nuanced provisions to avoid any future conflicts of interest between the political elite. Hill has said he’ll accommodate reasonable amendments, which he acknowledged he had previously called ‘fantasy’; however, he has implored lawmakers to keep sight of the big picture – that the U.S. needs to protect its position in the global crypto economy. Observers believe Hill’s diplomatic approach provides a pathway toward potential political difficulties. Hill seems to have framed the bill as an opportunity to improve U.S. competitiveness, investor protection, and job creation, creating an entry point for many people to support behind one goal.
The Road Ahead for Digital Asset Policy
With the Market Structure Bill now becoming more in the public eye, it’s time for some real Action. Hill wants to try and bring this bill to a vote on the House floor in the next few weeks. His office wants to take advantage of the recent bipartisan movement. As industry professionals assert, this clarity may lead to further institutional adoption of Bitcoin Crypto or attract homeland and foreign investment, all creating more opportunities and helping America set the leadership on the front line of the fast-changing digital economy. However, they also caution that how the law looks in the end will influence how it can provide the right oversight of the innovation that Congress hopes to achieve. For the present, Hill’s initiative simply exemplifies a more emerging legislative appetite to address some of the most pressing regulatory leadership challenges facing crypto.
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