Author: Neil Humphrey

Forecasting the Future: TDC Launches New Prediction Markets Working Group

by Neil Humphrey

In recent years, we have seen an explosion of interest in prediction markets (exchange-traded platforms where participants buy and sell contracts based on the outcome of future events, such as elections, sports, or economic trends). As these markets grow in popularity, they have reached a critical juncture: the need for a clear, durable, and innovation-friendly regulatory framework. 

Today, The Digital Chamber (TDC) is proud to announce our Prediction Markets Working Group, a dedicated initiative designed to emphasize the value of these markets and ensure they have a modern and workable regulatory framework within the U.S. financial system. 

Our launch begins with a formal letter addressed to CFTC Chair Selig. This letter is the first step in what we anticipate will be a sustained, multi-year effort to bring clarity to a historically important yet often misunderstood segment of finance. 

In our letter, we applauded Chair Selig’s recent statements regarding the intent for CFTC staff to provide tailored rulemaking and guidance for this rapidly growing segment of the financial and digital asset industries. For too long, operators in this space have navigated a maze of regulatory ambiguity including unclear overlaps between federal and state regulators. We are urging the CFTC to move beyond “regulation by enforcement” and instead initiate formal rulemaking that reinforces a coherent federal framework. 

Prediction markets are powerful tools for price discovery and information aggregation. By allowing participants to trade on the outcome of future events, these platforms generate high-quality data that can be used by businesses, policymakers, and researchers to manage risk and make informed decisions.

Below, please find TDC’s Prediction Markets Working Group’s initial action-oriented agenda to drive the industry forward: 

  • Engaging directly with the CFTC, congressional committees, and key policymakers to clarify the treatment of event contracts under the Commodity Exchange Act. 
  • Developing policy principles to distinguish regulated prediction markets from traditional gambling, emphasizing risk management, market integrity, and consumer safeguards. 
  • Submitting comment letters and formal policy recommendations addressing self-certification standards, contract design, and listing practices. 
  • Publishing legal and economic research explaining the historical role of prediction markets in U.S. financial markets and their public value in price discovery and information aggregation. 
  • Building a coalition of market participants and institutional stakeholders to support a durable, innovation-friendly regulatory environment for prediction markets. 
  • Participating in litigation through friend-of-the-court briefings to educate courts on the CFTC’s historic regulatory exclusivity on this area of financial regulation. 

We look forward to working with our members, legislators, courts, and the applicable administrative agencies in developing a thoughtful and durable framework for this emerging market segment.  

If you have any questions, please reach out to policy@digitalchamber.org. 

The Digital Chamber’s Stablecoin Reward Principles

by Neil Humphrey

The Digital Chamber (“TDC”) greatly appreciates the White House’s role in convening stakeholders and fostering candid conversations toward a workable resolution to address ongoing issues regarding payment stablecoins in forthcoming market structure legislation. We are also grateful to members and staff of the Senate Banking Committee for their continued hard work and thoughtful engagement on these complex issues. Through these discussions, a “yield and interest prohibition” principles (“the Prohibition Principles”) document was put forth by banking industry advocates.

As the largest and oldest blockchain trade association, with 250+ members spanning traditional financial institutions, crypto-native firms, leading banks, stablecoin issuers, and infrastructure providers, TDC is uniquely positioned to advance a balanced resolution. We offer principles that support payment stablecoins as payment instruments without disrupting the ecosystem or harming established firms.

Principles

Retain Section 404 Exemptions to Avoid Material Ecosystem Disruption

  • Section 404 of the Senate Banking Committee’s recent market structure discussion draft prohibits interest or rewards paid for merely holding payment stablecoins, while establishing permissible activities regarding use of payment stablecoins.  
  • Without exemptions (E) and (F), for example, the legislation could significantly impair U.S. dollar-denominated stablecoins currently deployed in Decentralized Finance (“DeFi”) protocols and as Liquidity Provider (“LP”) pairs on DeFi exchanges, which pay users in exchange for facilitating liquidity. Eliminating these provisions would severely undermine dollar dominance in the digital asset ecosystem, effectively ceding this area to foreign jurisdictions and risks foreign currencies replacing U.S. dollar denominated stablecoins in these essential portions of the digital asset ecosystem.[1]

Enforcement/Evasion/Representations and Disclosures

  • We understand financial institutions’ concerns regarding community banking and main street lending. Assuming exemptions (b)(2)(E) and (b)(2)(F) are retained, we concur that no person shall circumvent a direct or indirect yield prohibition and that firms must make accurate disclosures clarifying that any yield earned is not comparable to interest.[2]

Retain “Deposit Impact” Study

  • We support the requirement present in Section 404 of the most recent Banking market structure discussion draft that regulators submit a study two years after enactment examining the benefits of increased payment stablecoin activity and its impact on deposits at insured depository institutions. We are confident such a study will affirm empirical analysis showing that stablecoins complement, rather than disrupt, the traditional banking system.[3]

We have a real window to cement American leadership in digital finance, but that window will not stay open indefinitely. We are committed to working with the White House and key stakeholders to advance durable market structure legislation while protecting and accelerating the innovation already taking root across the country.

 If you have any questions, please reach out to policy@digitalchamber.org

[1] Further, disallowing payments for LP pairs containing payment stablecoins could introduce new risks, forcing users to commit their liquidity in ways which enhance impermanent loss risks rather than allowing users to pair their assets with a trusted dollar-denominated payment stablecoin. 

[2] Further, The Digital Chamber wholly supports tailored changes to banking laws which support the growth of community banking and local lending such as proposed in the Main Street Capitol Access Act. Community banking is a vital portion of the American economy, and The Digital Chamber believes that blockchain-enabled technologies paired with community banking services and infrastructure will be a boon to the American consumer. 

[3] Cong, Lin William, Stablecoins and Banking: Deposit Dynamics, Financial Stability, and Regulatory Design (December 07, 2025), available at https://ssrn.com/abstract=6163266.

What the STREAMLINE Act Means for You 

by Neil Humphrey

By Gabrielle Clark & Koa DeMarzo

The Digital Chamber (TDC) supports the STREAMLINE Act, which would update long-standing banking rules to reflect today’s rapidly advancing economy. S. 3017 was introduced on October 21 by Senate Banking Committee Chairman Tim Scott, along with eight other members of the Committee. The act would raise outdated reporting thresholds and reduce unnecessary filings on lawful transactions for consumers and small businesses.   

Key Provisions  

  • Modernizes thresholds for currency transaction reports and suspicious activity reports to reduce the likelihood of routine legal transactions triggering reports. 
  • Regular inflation adjustments every 5 years to keep thresholds up to date. Thresholds in the Bank Secrecy Act (BSA) have not been updated since the bill was signed into law in 1970. 
  • Reduces unnecessary administrative friction, ensuring oversight efforts can be concentrated where they have the greatest impact on identifying genuine risks. 
  • Focus Areas for Regulation  

Adjust anti-money laundering reporting thresholds to reflect the current state of today’s economy.  

Who is affected?  

Financial institutions, including those in the digital asset industry, see clearer thresholds and reduced paperwork, which improves efficiency. Small businesses and consumers face fewer wrongful flags and account closures, with stronger protections for lawful activity. Regulators receive higher-quality reports that focus resources on real risks.  

What the Streamline Act means for you:  

  • More privacy: Your everyday banking activity is less likely to be flagged or reported.  
  • Fewer account closures: Small businesses and entrepreneurs are less likely to have their accounts closed for making legal, albeit large, transactions.  
  • Less red tape: Banks can spend less time on unnecessary paperwork and more time on services and innovation that benefit customers.  

Our Take  

As the world’s leading blockchain association, TDC supports the STREAMLINE Act as a practical reform that would improve privacy, reduce red tape, and enhance the focus of enforcement. The STREAMLINE Act would align reporting with today’s financial reality, aiding institutions in serving customers while reducing unfair account closures and improving information available to regulators. 

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Immutable Security: How Blockchain Strengthens Military Supply Chains

by Neil Humphrey

By: Jean-Philippe Beaudet 

The complexity and global nature of modern military supply chains create significant vulnerabilities. These are amplified by issues such as the ‘misplacement’ of conventional arms, inefficiencies in internal tracking systems, and the difficulty of securing strategic military assets, evidenced by the Pentagon’s FY2023 inability to account for 63% ($2.4T) of assets. Blockchain technology offers a revolutionary solution to these challenges, providing transparency, immutability, and surety – key factors that can transform how military and defense supply chains are managed and secured.

Blockchain technology can improve military readiness by tracking parts and systems throughout their lifecycles, providing the necessary data fidelity, access, and security to the US Military to maximize asset uptime and minimize cost. Military systems, from aircraft to vehicles, rely on complex supply chains and timely maintenance schedules to remain operational. Blockchain’s decentralized, immutable ledger can securely track the life cycle of each component, ensuring real-time visibility of part availability, condition, and service history. This eliminates bottlenecks and inefficiencies caused by outdated or inaccurate records.

By leveraging blockchain, the military can significantly reduce downtime, as maintenance personnel can instantly verify the authenticity and status of critical components. This ensures that only certified parts are used, reducing the risk of failure in mission-critical systems. Additionally, predictive maintenance algorithms can be integrated with blockchain to automate parts replacement, further increasing uptime and operational readiness.  

This enhanced accountability and streamlined logistics system will keep military assets mission-ready while simultaneously reducing costs associated with repair delays and logistical inefficiencies.

Tracking Conventional Arms: Securing the Flow of Weapons

Conventional Arms Control (CAC) regimes cannot succeed without trust between parties – particularly difficult to maintain when these agreements seek compliance from countries whose interests often diverge from those of the United States. Blockchain technology addresses this critical gap by creating a decentralized, transparent, and immutable record that can monitor compliance with arms agreements. This technology is referred to as zero-trust because no single arbiter (like a particular state in a multilateral agreement) controls the network or has preferential access to data.

Blockchain ensures that all parties have real-time access to verifiable data, reducing the need for intrusive inspections and bilateral suspicion. Internet of Things (IoT) sensors incorporated into blockchain networks monitoring CAC could add a physical component, further augmenting this passive monitoring. Application of these emerging technologies will drastically enhance the United States’ ability to effect durable arms control agreements in the coming decades.

Transparently Tracking Small Arms

By implementing blockchain technology, every shipment of conventional arms could be tracked from production to final delivery. Each transaction in the supply chain would be logged on a tamper-proof ledger, ensuring that any deviation or anomaly in the chain is instantly detectable. If a crate of rifles fails to arrive at its intended destination, for example, the blockchain record can quickly identify where the disruption occurred, providing real-time data that enables corrective action. This enhanced level of transparency would make it significantly harder for adversaries or corrupt actors to divert arms into the black market or to hostile groups.

Moreover, blockchain’s cryptographic security would prevent unauthorized parties from tampering with supply chain data, ensuring that arms shipments are not only tracked but also securely delivered to allied forces. By leveraging this technology, the DoD can prevent costly and dangerous losses of military hardware, while also providing a clear audit trail to ensure accountability.

Addressing the Pentagon’s Audit Failures

Blockchain technology offers an opportunity to improve internal accountability and transparency and with it, citizens’ trust in government. The Pentagon’s long-standing tracking inefficiencies have repeatedly prevented it from passing a comprehensive audit, undermining accountability and operational readiness.  

A decentralized blockchain ledger can record every transaction and asset movement within the Pentagon’s complex supply chains. Whether it’s the procurement of jet fuel, maintenance parts, or sophisticated defense equipment, blockchain would ensure that every transaction is time-stamped, immutable, and visible to authorized personnel. This would eliminate discrepancies in record-keeping, reduce opportunities for waste, fraud, or abuse, and ensure a clear line of sight into how taxpayer dollars are being spent.

Beyond tracking, blockchain technologies can streamline the auditing process itself. The use of smart contracts – self-executing agreements that operate on blockchain – could automate verification and compliance checks, providing auditors with real-time data on how funds are allocated and spent.

The Digital Chamber will continue to collaborate with policymakers, researchers, and industry leaders to advance the integration of blockchain into our nation’s supply-chain management, protecting and monitoring the hardware essential to US national security. The Deploying American Blockchains Act of 2025, introduced by Rep. Kat Cammack (R-FL-3) in the House, and taken up by Sen. Bernie Moreno (R-OH) in the Senate, is exactly the type of legislation needed “to promote the competitiveness of the United States related to the deployment, use, application, and competitiveness of blockchain technology” in military supply chains.  Now is the time for Congress and the defense community to turn these proposals into action and ensure America’s supply chains remain secure.

 If you have any questions, please reach out to policy@digitalchamber.org

TDC Launches its State Network: A New Chapter for State-Level Leadership in Digital Asset Policy 

by Neil Humphrey

The Digital Chamber (TDC) recently launched our State Network, an initiative designed to unify, strengthen, and elevate digital asset advocacy at the state level. The launch brought together state lawmakers, industry leaders, and partners from across the country to set a shared vision for how states can lead the future of blockchain innovation and responsible policy development.  

The State Network builds on the proven model that has guided our success in Washington. At the federal level, we have seen firsthand that a coordinated and unified advocacy strategy is the most effective way to advance thoughtful digital asset policy. Our biggest wins have come from consistent messaging, aligned priorities, and the full engagement of our member companies. Now, we are applying that same approach to the states, where digital asset legislation is moving fast, and where lawmakers are seeking trusted, technically accurate input as they craft policies that will shape our economic future. 

A High-Energy Launch to Chart the Road Ahead 

The launch event created a dynamic space for lawmakers and innovators to connect directly on the opportunities and challenges shaping state policy. The conversations were highly engaged and fully bipartisan, reflecting a shared recognition that the United States must lead the next era of financial and technological innovation. 

A highlight of the evening was the participation of the Future Caucus, our new strategic partner in bipartisan state engagement. Their leadership underscores a generational commitment to advancing innovation, strengthening public trust, and shaping a forward-looking policy environment for digital assets. Together, TDC and Future Caucus will equip young state lawmakers with the tools and knowledge they need to help modernize financial systems, protect consumers, and promote economic competitiveness. 

Another major announcement from the event was the launch of the State Network Microgrant Program, a new initiative that will provide small grants to support state-level research, innovation pilots, educational programs, and community outreach efforts focused on blockchain and digital asset policy. This program is designed to empower local leaders, university clubs, and state blockchain organizations to develop smart engagement activities that help to educate policy leaders and showcase practical blockchain use cases that have the potential to make government more efficient and transparent. 

Taking the Federal Model and Bringing It to the States 

For over a decade, TDC has demonstrated that unified advocacy delivers results. Our success at the federal level has come from consistent priorities, credible information, and constructive, bipartisan engagement. The State Network applies that same proven model to state legislatures. 

The mission is simple: give policy makers and regulators the tools, expertise, and real-world examples they need to craft smart policy that protects consumers, supports innovation, and strengthens local economies. 

Key pillars of our State Network include: 

  • Advancing and supporting actionable policy campaigns in priority states – including drafting legislation, coordinating testimony, engaging regulators, and mobilizing members to help pass clear, pro-innovation digital asset laws.
  • Showcasing model policy solutions and providing guidance in legislation development and rulemaking related to key issues facing our members like unclaimed-property, advancing DUNA-based government efficiencies, stablecoin implantation, money-transmission rules, and promoting innovation through sandboxes, pilot programs, and more so resources are shared across states where lawmakers often legislate in silos.
  • Providing nonpartisan education and technical guidance.
  • Demoing blockchain applications that showcase member company solutions.
  • Developing strategic policy partnerships with associations and state-level blockchain organizations, university clubs, and like-minded groups.
  • Ensuring industry voices are represented consistently.

Our Work Is Already Underway 

Before the formal launch, our State Network had already begun engaging key constituencies across the country. We have led briefings in Arizona for a group of state reps, briefed the Ohio State Treasurer’s office, presented to the New Hampshire Token Commission, briefed the New York Treasury Managers Association and its affiliates, and there is more to come.  

What Comes Next 

Over the next year, our State Network will roll out a robust slate of programs, including the Microgrant program, as well as a Digital Asset Tour meant to engage policy makers and stakeholders in critical states across the country.  

With this launch, TDC is entering a new chapter of coordinated, strategic, and forward-looking state-level advocacy. We are proud to lead this effort alongside our member companies, and we look forward to building a strong, secure, and innovation-focused digital asset future in partnership with states nationwide. 

Crypto Voters Can Swing Elections

by Neil Humphrey

As rancor grows around a host of economic issues, pro-crypto actions in both legislation and executive rules and guidance are an easy economic win at a time when economic trends are generating tough headlines for many in power. 

A recent McLaughlin poll of 800 crypto investors in Q3 2025 demonstrates that active swing voters are up for grabs. Members of Congress facing the 2026 midterm elections can appeal to them by working to support transparent, smart regulations, rolling back short-sighted rules and guidance from the previous administration; this will build certainty for Americans who want to participate in the crypto industry. 

Though many of the crypto voters polled register as Democrats, they resoundingly stated that Republicans can sway these left-of-center voters by supporting legislation that empowers Americans’ access to digital finance and crypto.  
 
This is clearly an economic storyline that the GOP is winning, but the issue is stronger than party affiliation and affects the highly coveted swing voter’s candidate choice, according to this data. As redistricting continues to reshape safe districts into tighter races next year, the midterms could be decided by just a few votes. Acting before Congress leaves next year to campaign on the big issues in crypto, like digital asset market structure legislation, a federal strategic bitcoin reserve, or even anti-CBDC legislation could gain traction with these voters.  

The Digital Chamber Welcomes NIST’s Embrace of Privacy-Preserving Principles in Digital Identity Guidelines

by Neil Humphrey

The Digital Chamber (“TDC”) applauds the National Institute of Standards and Technology (NIST) for incorporating key recommendations from the Chamber’s October 2024 comment letter into its recently released update of the Digital Identity Guidelines (SP 800-63, Rev. 4). 

TDC’s comments, developed by Policy Director Jonathan Rufrano, highlighted the urgent need for digital identity standards that protect individual rights while enabling innovation in secure, user-controlled wallet infrastructure.  
 
Among the changes NIST confirmed were: 

  • Establishing clearer requirements to ensure individuals have accessible mechanisms for grievances and redress, strengthening accountability between credential providers and users. 
  • Expanded expectations for transparent disclosure of terms governing trust agreements, ensuring users understand how their information is shared and protected. 
  • Stronger provisions around subscriber notice and consent, affirming that identity transactions must not be hidden from users or conducted without their knowledge. 
  • Structural clarifications that improve the resilience of wallet-based and decentralized identity solutions, an essential step toward user-controlled, self-sovereign identity. 

These guidelines affirm that privacy and user self-determination remain critical priorities underpinning digital identity standards. However, TDC sees additional protections in forthcoming revisions to Digital Identity Guidelines, including: 

  • Enhanced user privacy protections by mandating derived attribute, rather than whole attribute, verifications (where applicable)
  • Enhanced user control over deletion of data – to include video recordings and Personally Identifiable Information (PII)
  • Removal of user location tracking during Digital ID verification
  • Inclusion of public blockchain attestations as validation/verification platforms alongside phone, email, and physical communication platforms 

As agencies, lawmakers and standards bodies navigate rulemaking the digital future, the Chamber remains committed to ensuring that the next generation of identity systems enhances freedom, privacy, and innovation.  

 If you have any questions, please reach out to policy@digitalchamber.org

The Digital Chamber Supports the Proposed Cybercrime Marque and Reprisal Authorization Act of 2025 (H.R. 4988)

by Neil Humphrey

The Digital Chamber (“TDC”) applauds Congressman David Schweikert (AZ-01) for introducing H.R. 4988, the Scam Farms Marque and Reprisal Authorization Act of 2025 calling for the creation of a Cyber Letter of Marque to combat state-linked cybercrime and transnational hacker networks. This reflects a direct recommendation from TDC’s recent report Blockchain and National Security: A Strategic Imperative. 

As we stated in the report, cybercrime is a national security threat, a financial stability risk, and an attack on consumers to the tune of billions of dollars annually. As cyberattacks increasingly target America’s seniors, businesses, and critical infrastructure, traditional law enforcement tools alone are not enough to thwart the strident adversaries preying on vulnerable systems. This bill will empower the United States with a modern mechanism to pursue foreign cybercriminal enterprises and recover stolen assets by leveraging the most innovative talent in the world and deputizing licensed cyber operators.

Read the full TDC National Security Report and its recommendations here. TDC urges Congress to advance Rep. Schweikert’s bill to safeguard America’s digital leadership and provide accountability, deterrence, and protection in the digital battlefield. 

If you have any questions, please reach out to policy@digitalchamber.org

TDC Submits Response to the Senate Banking Committee’s “Responsible Financial Innovation Act of 2025”

by Neil Humphrey

The Digital Chamber (TDC) is pleased to announce that we have submitted our formal response to the Senate Banking Committee’s Request for Input (RFI) on the “Responsible Financial Innovation Act of 2025” discussion draft. Drawing on the expertise of our 200+ diverse members across the blockchain ecosystem, TDC provided over 80 pages of comprehensive feedback addressing nearly every question posed. We hope our insights help inform and strengthen the Committee’s efforts as the legislative process moves forward. 

TDC supports the Senate Banking Committee’s thoughtful approach reflected in the discussion draft. At the same time, our members shared concerns about the proposed use of a “decentralization” construct to determine whether an ancillary asset falls under SEC or CFTC jurisdiction. No other major jurisdiction with comprehensive digital asset regulation imposes such a requirement, creating potential pressure for U.S.-based projects to prematurely declare “decentralization” or “blockchain maturity.” Projects must retain the flexibility to develop in line with user, consumer, and investor needs, and not be constrained by rigid statutory definitions. 

Our response also highlights opportunities to improve clarity around certain definitions and structural coherence of the discussion draft. It is essential that all terms related to the digital asset market are clearly and consistently defined. While Section 101 introduces a definition for “ancillary asset” under the Securities Act of 1933, beginning in Section 109, the draft shifts to using the undefined term “digital asset(s)” without clarifying how it relates to “ancillary asset(s).” Additionally, the interaction between Sections 101 and 102 creates ambiguity around the treatment of assets sold by originators—particularly regarding disclosure obligations or exemptions. We recommend clarifying the definitions and resolving the originator-related conflict to ensure regulatory clarity and coherence. 

Finally, while we support granting the SEC discretion to offer alternative paths for token safe harbors and exemptions, our members expressed concern about the extent to which the draft relies on future SEC rulemaking in areas where innovators need clarity now. Critical issues, such as token disclosure requirements and the definition of when a network is under “common control” of related parties, should be clearly enumerated in statute. Without this enhancement, token issuers risk regulatory uncertainty and potential shifts in policy by future Commissions. We instead support the approach taken in H.R. 3633, the CLARITY Act, which establishes a minimum viable framework in statute to provide innovators with a clear and reliable path forward. 

The Digital Chamber appreciates the diligent work of the Senate Banking Committee staff, Chairman Scott, and Senators Cynthia Lummis, Bill Hagerty, and Bernie Moreno on the introduction of the “Responsible Financial Innovation Act of 2025” discussion draft. We commend the Committee’s thoughtful engagement with stakeholders and recognize its good-faith effort to foster blockchain innovation while upholding strong consumer protections. As the largest and most diverse blockchain trade association, TDC looks forward to continued collaboration with Congress and regulators to ensure that the final market structure legislation reflects the needs of our members and strengthens the U.S. digital economy. 

Read the full TDC response here.

If you have any questions, please reach out to policy@digitalchamber.org

TDC Applauds the Release of the President’s Working Group Report, “Strengthening American Leadership in Digital Financial Technology”

by Neil Humphrey

JULY 30, 2025 

The President’s Working Group report, “Strengthening American Leadership in Digital Financial Technology,” is a roadmap for the next three years to fill in the gaps in areas Congress has yet to begin legislating. This will guide regulators and agencies to begin rulemaking and reviewing existing guidance, so that the United States is positioned to lead globally in crypto. We appreciate the Task Force’s efforts, led by Bo Hines, that adopted critical TDC recommendations such as:

  1. Directing the SEC to consider using its rulemaking and exemptive authority under the Securities Act to establish a fit-for-purpose exemption from registration for token issuances. 
  2. Establishing that the CFTC should have clear authority to regulate spot markets in non-security digital assets. 
  3. Ensuring issuers of digital asset securities, and of securities involving digital assets, should be subject to disclosure requirements that are appropriately tailored to address the novel characteristics of digital assets and blockchain technology. 
  4. Supporting clear guidance from relevant agencies allowing Americans to custody their own digital assets without relying on intermediaries.  
  5. Clarifying that developers and non-custodial blockchain infrastructure providers are not financial institutions. 
  6. Directing agencies to identify, secure and gain access to digital asset keys in seized electronic evidence — bolstering the U.S. government’s digital asset stockpile and providing a strategic advantage as other jurisdictions build their own reserves. 
  7. Encouraging federal digital identity guidelines to adopt privacy-enhancing cryptographic technologies like zero-knowledge proofs (ZKPs). 
  8. Calling for clear legal protections for decentralized finance (DeFi) protocols that operate autonomously without holding user funds—ensuring DeFi can flourish onshore. 
  9. Directing regulators and agencies to collaborate with industry experts to encourage globally consistent regulatory standards that leaves room for innovation, ensuring American interests and companies aren’t burdened by overregulation in the U.S. or abroad. 
  10. Advocating that NIST integrate blockchain’s unique benefits into emerging government technology standards to strengthen federal digital infrastructure. 

For media inquiries, please contact press@digitalchamber.org.