#Crypto Market Structure Principles   #Growth Points  New Bitcoin and Altcoin Moves from the US Senate! Good or Bad?

The world's largest economy, the US, has been on the agenda of the sector with the decisions it has made about cryptocurrencies. The US Senate has recently been voting on bills on the crypto market. These bills are increasing the adoption rate of crypto assets.

Recently, the US Senate published the principles document on the structure of the cryptocurrency market. Fox journalist Eleanor Terrett conducted research on this document and provided the following information in the latest report:

NEW: US Senate Releases Crypto Market Structure Principles Document

US Senate Republican Banking Committee members Senator Tim Scott, Senator Cynthia Lummis, Senator Bill Hagerty, and Senator Thom Tillis have signed and shared with the public a new crypto market structure principles document.

The document outlines the goals of a draft bill that is expected to be introduced soon.

While the draft bill has not yet been released, this set of principles provides a framework for what the bill aims to do.

DeFi Community Welcomes Principles.

Initial feedback has been quite positive, especially from members of the DeFi (decentralized finance) community.

Those who expressed their views consider the inclusion of the concept of DePIN (Decentralized Physical Infrastructure Networks) in the Senate document as an encouraging step.

They particularly draw attention to the fact that this detail is not explicitly included in the House of Representatives’ CLARITY Act draft.