Bipartisan Legislative Effort

Definition ∞ A bipartisan legislative effort involves collaboration between members of opposing political parties to draft and pass legislation. This cooperation signifies a shared commitment to addressing a particular policy matter. Such efforts often lead to more stable and broadly supported legal outcomes. It reflects a consensus across political divides on a specific issue.
Context ∞ In crypto news, a bipartisan legislative effort often signals progress towards establishing a stable regulatory environment for digital assets. When both major parties contribute to digital asset legislation, it suggests a greater likelihood of passage and enduring policy. This collaboration is crucial for reducing uncertainty in the crypto market.