Interesting development in the US cryptocurrency market. Over 100 companies in the sector have just mobilized together with the Senate, pushing for a bill on the regulatory framework of the cryptocurrency market. It’s a well-coordinated movement that shows how the industry is organizing itself to influence American policy.

What draws attention is the scope of this mobilization. It’s not just the giants, but a significant number of cryptocurrency market players who are taking a stance. This usually indicates consensus on the importance of this legislation for the orderly development of the sector.

This type of legislative pressure has become increasingly common as the cryptocurrency market matures. Companies realize that a clear and well-defined structure by the government is better than continuing to operate in a regulatory gray area. The better the rules of the game, the more institutions and capital enter this cryptocurrency market.

It’s a sign that the sector is evolving from a more libertarian and disorganized phase to a pursuit of institutional legitimacy. If this bill advances, it could open doors for more adoption on Wall Street and among traditional investors who still have reservations about entering this cryptocurrency market without regulatory clarity.