According to @MilkRoadDaily, recent legislative bills targeting stablecoins, token securities, and onchain custody are viewed as bullish for the crypto market due to their potential to provide regulatory clarity and foster institutional adoption. The bills focus on defining how stablecoins are managed, outlining the legal status of tokenized securities, and setting frameworks for secure onchain asset custody, which could increase market confidence and liquidity. Source: @MilkRoadDaily.