Macquarie: US crypto regulatory framework likely complete by early 2026

Global investment bank Macquarie anticipates that a substantial U.S. cryptocurrency regulatory framework will be finalized by early 2026 amid accelerating bipartisan negotiations in the U.S. Senate, CoinDesk reported. According to the bank, the framework will be built on two key pillars: a stablecoin bill and a crypto market structure bill. Macquarie assessed that recent closed-door meetings between Democrats and Republicans have reached a significant stage toward reaching an agreement. The bank believes there is a high probability that an amended Senate version of the market structure bill will pass, with the final legislative package likely taking effect between the end of the first quarter and the first half of 2026.