JPMorgan: If the crypto market structure bill is passed, the market will see a boost

According to Bloomberg, JPMorgan stated that if U.S. lawmakers pass comprehensive market structure legislation before mid-year, the crypto market could still see a significant boost in the second half of this year, even if current market sentiment remains subdued.

The bank said in a research report: "If the bill is passed, it will reshape the market structure by providing regulatory clarity, ending the practice of 'regulation by enforcement', promoting the development of tokenization, and encouraging more institutional participation."