US Congressman Glenn Thompson plans to submit the Digital Asset Market Structure Act this week.

According to BlockBeats news on July 19th, US Republican Congressman Glenn Thompson announced on Tuesday that he plans to formally submit the Digital Asset Market Structure and Investor Protection Act to the House of Representatives this week with Congressman Patrick McHenry. In addition, the bill has received support from Congressmen French Hill and Dusty Johnson. The bill was first introduced to the House for initial review on June 2nd and is scheduled to enter the voting stage in July.