Bipartisan talks aim to clarify digital asset rules and boost US leadership as draft legislation nears completion.
Photo: Louis Velazquez
Key Takeaways
- US Senate Agriculture Committee leaders are collaborating with David Sacks, the White House cryptocurrency director, on a market structure bill for digital assets.
- The lawmakers are close to a draft agreement and are working with Sacks to refine provisions of the crypto regulation bill.
Senate Agriculture Committee leaders plan to meet with David Sacks, White House cryptocurrency director, to discuss a market structure bill aimed at establishing regulatory guidelines for digital assets. The lawmakers are nearing a draft agreement on the crypto legislation and will work with Sacks to refine the bill’s details.
The discussions continue despite an ongoing government shutdown, highlighting bipartisan efforts to advance crypto regulations. Sacks has emphasized the need for regulatory certainty in digital assets, aligning with the Trump administration’s goals to position the US as a leader in the crypto ecosystem.
The proposed legislation seeks to enhance US leadership in the digital asset sector through clearer regulatory frameworks.
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