The U.S. crypto industry is poised for significant regulatory changes as Representative French Hill prioritizes crypto regulation in the upcoming legislative session. Hill, as the new chair of the House Financial Services Committee, aims to address regulatory uncertainties by collaborating with House Majority Leader Steve Scalise on a comprehensive market structure bill. This initiative seeks to provide clear guidance for digital asset innovators and enhance the U.S.'s global competitiveness.

In a notable development, President-elect Donald Trump plans to shift crypto oversight from the SEC to the CFTC, potentially reclassifying many digital assets as commodities. This move, coupled with the nomination of crypto supporter Paul Atkins to lead the SEC, signals a potentially friendlier regulatory environment.

Hill's regulatory agenda extends to stablecoins and practices like "Operation Chokepoint 2.0," aiming for fairness and transparency in the financial system. With support from industry groups, Hill's efforts could offer the clarity needed for growth and innovation in the crypto sector.

The U.S. crypto industry anticipates a stable, transparent future as Hill and Trump lead the charge for meaningful regulatory reform. The first 100 days promise to be transformative for the digital asset landscape.