Big move happening this week on Capitol Hill. Senator Cynthia Lummis just dropped a draft on Bitcoin and crypto market structure legislation, and here's the kicker—it's got bipartisan support behind it. The text is ready to roll for Thursday's markup session.

This signals real momentum in the legislative space. After all the back-and-forth over recent months, having both parties aligned on a framework for crypto market structure is pretty noteworthy. It means the conversation is shifting from whether to regulate, to how to regulate in a way that actually makes sense for the industry.

The markup process should give us a clearer picture of where this is headed. Keep your eyes on Thursday—this could shape how crypto trading and market infrastructure get handled going forward.