The Senate Agriculture Committee has released a discussion draft focused on market structure for digital assets. The release is seen as a step toward establishing regulatory clarity in the sector.
Summer Mersinger, CEO of the Blockchain Association, commented on the development: “This week’s discussion draft from the Senate Agriculture Committee marks another important step toward establishing clear, commonsense rules for the digital asset ecosystem. We applaud Chairman Boozman, Sen. Booker, and the Committee for their commitment to building on the strong bipartisan momentum already demonstrated in the House. We look forward to fully reviewing the draft and providing our thoughts as the process moves forward. Continued collaboration between the Senate Agriculture and Banking Committees will be essential to delivering a comprehensive framework that secures America’s place as the global leader in crypto and digital assets.”
The Blockchain Association intends to review and provide feedback on the proposed legislation as discussions continue in Congress.
