Today, The Digital Chamber (TDC) proudly joins the Crypto Market Integrity Coalition (CMIC) in a collective call to action directed at the Biden administration. As a founding member of CMIC, TDC is committed to advocating for a regulated U.S. market for digital assets that prioritizes market integrity and consumer protection. We extend our heartfelt thanks to Solidus Labs for their leadership in founding this vital organization and bringing together industry leaders dedicated to these principles.
Call to Action
We urge the administration to establish clear rules for the digital asset market, fostering a compliance mindset that aligns with U.S. financial norms and democratic principles. Enacting foundational legislation this year will cement the U.S. dollar as the primary currency for digital transactions globally and reduce costs for businesses and consumers alike.
Missing this opportunity would be a significant setback for the U.S. on the global stage. TDC, alongside CMIC and its members, stands ready to serve as a resource, advocating for regulated and responsible digital asset practices.
We commend the administration’s recent affirmations that creating a balanced regulatory environment for digital assets is essential. We agree wholeheartedly that this will promote responsible development, foster payment innovation, and reinforce U.S. leadership in the global financial system. The Digital Chamber and CMIC members stand ready to collaborate with the administration to transform these affirmations into concrete actions.
Read our call to action here.