Kristin Smith is the CEO of Blockchain Association — one of the top crypto policy advocacy groups in the U.S.In this episode, Smith unpacks the intricacies of the pending market structure bill set to make its way through Congress this fall, highlighting its potential to bring crypto regulatory clarity in the U.S. once and for all.According to Smith, the bill could be what's needed to bring in greater institutional participation and mainstream adoption:"It's something that we think that if it were to move forward, would give a lot of confidence to institutional investors, to traditional tech companies and other players to enter this space because they know there is a clear and workable regulatory framework in place."Outline:00:40 - Current State of Crypto in DC05:00 - Token Taxonomy Act (2018)07:24 - 2023 Congressional Crypto Outlook09:02 - Stablecoin Legislation13:20 - Market Structure Legislation16:24 - XRP Ruling24:46 - Treasury Department & Crypto28:07 - Anti-Crypto Congressional Sentiment29:48 - Aliens31:55 - 2024 Presidential Candidates & Crypto