According to Jake Chervinsky, Sen. Cory Booker has committed to protecting software developers in ongoing crypto policy discussions. Source: Jake Chervinsky on X, Dec 9, 2025. Chervinsky argues the only durable path is clarifying that “money transmission” under 18 U.S.C. § 1960 requires custody and control of user assets. Source: Jake Chervinsky on X, Dec 9, 2025; 18 U.S.C. § 1960 (U.S. Code). He states that without this custody-based definition, the current U.S. market structure bill should be a dealbreaker. Source: Jake Chervinsky on X, Dec 9, 2025. For traders, this highlights custody vs. non-custody as the core regulatory line shaping compliance exposure for DeFi front-ends, non-custodial wallets, and other software-only services. Source: Jake Chervinsky on X, Dec 9, 2025.

According to @rovercrc, Kevin O'Leary said that trillions will flow into Bitcoin once a U.S. market structure bill passes, shared via a video post on X dated Aug 23, 2025 (source: @rovercrc). The post frames the statement as imminent by saying the floodgates are about to open, but it does not specify the bill’s name, timeline, or mechanisms for the projected capital inflows (source: @rovercrc). The update highlights a potential link between U.S. regulatory clarity and institutional participation in BTC, yet it provides no supporting data or official legislative details beyond the quoted remarks (source: @rovercrc).