The passage of the crypto market-structure bill marks the industry's most significant legislative accomplishment in Congress. The bill cleared the House with a 279-136 vote, showing support from House Democrats.
Rep. Josh Gottheimer praised the bill as 'well-reasoned, thoughtful, bipartisan legislation,' emphasizing the need for rules in the crypto market. President Biden opposed the bill, though without a veto threat, while SEC Chair Gensler criticized its necessity.
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