The recent legislative push toward clearer market structure regulations represents meaningful progress for the crypto industry. Such frameworks are essential—they establish workable guardrails that foster innovation while safeguarding consumer interests. For participants like Ripple, the contrast between regulatory certainty and ambiguity is stark. Clear guidelines cut through the confusion that's hampered adoption and institutional participation. When the rules of the game are transparent, markets function more efficiently, compliance becomes achievable, and consumer confidence builds. This shift toward structured oversight, rather than ad-hoc enforcement, signals a maturing approach to digital assets. Whether such legislative efforts reach completion will be telling, but the direction itself represents a constructive step forward for the entire ecosystem.