Macquarie Sees U.S. Senate Near Crypto Deal as Market Structure, GENIUS Rules Advance

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Macquarie sees U.S. Senate nearing crypto deal, citing recent bipartisan talks on market structure and GENIUS rules. Senate Agriculture Committee released a draft expanding CFTC authority over digital commodities, while Banking Committee’s bill outlines SEC’s role in regulating digital assets. Agencies are close to finalizing stablecoin frameworks, with FDIC planning a stablecoin proposal in early 2026. BTC as hedge against inflation remains a key narrative as regulatory clarity improves. Countering the Financing of Terrorism is also expected to be addressed in final legislation.
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