Today’s advancement of market structure legislation by the Senate Banking Committee puts the United States closer than ever to establishing a durable federal market structure framework for digital assets. After years of regulatory uncertainty, enforcement-driven policymaking, and watching innovation move overseas, Congress is on the precipice of passing legislation that creates clear rules for the digital asset industry. We appreciate the leadership of Chairman Scott, Subcommittee Chairwoman Lummis, members of the Committee, and staff who worked through difficult and complex issues to strengthen the bill and keep it moving closer to final passage.

But this process is not finished. As the Senate works to reconcile the Banking and Agriculture Committees’ respective bills, it is critical that the final framework preserves the strong protections for consumers while ensuring developers, innovators, and responsible companies can build, operate, and thrive in the United States.

For any inquires, please contact TDC at press@digitalchamber.org.