Crypto Market Structure Legislation Remains An ‘Achievable Goal,’ Blockchain Association CEO Says

Blockchain Association CEO Summer Mersinger said in a November 5 X post that it is still possible for this Congress to pass crypto market structure legislation despite the fact that “deadlines shift.” Summer Mersinger Shares Her Take On Key Crypto Bill According to Mersinger’s Wednesday X post, the former Commodity Futures Trading Commission (CFTC) commissioner said that “getting it right” is more important than “speed” when it comes to passing the key crypto bill. 1/ The Senate’s effort to build workable digital asset market structure is in the real work phase—trading ideas, testing text, and reconciling views across the ￰0￱ expect to see new draft language soon as those conversations continue. — Summer Mersinger (@SKMersinger) November 5, 2025 “This isn’t about favoring one industry,” Mersinger wrote.

“It’s about ensuring the ￰1￱ in responsible innovation—with clear rules that protect consumers, support markets, and keep the next generation of financial infrastructure here at home.” “We’re encouraged by continued bipartisan engagement and look forward to reviewing new drafts as senators refine their ideas,” she added. “With the collaboration we’ve seen, market structure legislation this Congress remains an achievable, necessary goal.” ￰2￱ Work To Pass Crypto Market Structure Legislation Mersinger’s commentary comes as the ￰3￱ approaches its 37th day in shutdown, just days after it became the longest government closure in ￰4￱ October 30 report from Bloomberg indicates that ￰5￱ are eager to advance the crypto market structure ￰6￱ Agriculture Committee Chair John Boozman (R-AR) told Bloomberg that he and Senator Cory Booker (D-NJ) have been working together on a daily basis in hopes of finalizing a bill.

“We’re going to get it done this year,” Boozman told the media ￰7￱ last month, top crypto executives convened with ￰8￱ on Capitol Hill to discuss crypto legislation in a policy roundtable spearheaded by Senator Kirsten Gillibrand (D-NY). The roundtable featured several key players in the digital asset space, including Galaxy CEO Mike Novogratz, Chainlink CEO Sergey Nazarov, Kraken CEO David Ripley, and Solana Policy Institute President Kristin Smith, amongst others. However, it is still unclear whether members of Congress will be able to find a path forward for crypto market structure legislation before the end of the year.