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U.S. Senate Banking Committee Releases Comprehensive Market Structure Legislation Principles, Providing Clear Guidance for Digital Asset Regulation
Summary: According to reports, the U.S. Senate Banking Committee announced that Chairman Tim Scott, Chair of the Digital Assets Subcommittee Cynthia Lummis, Senator Bill Hagerty, and Senator Thom Tillis have released a set of principles for developing comprehensive market structure legislation. These principles will guide Chairman Tim Scott and his colleagues in discussions and negotiations with ...
According to reports, the U.S. Senate Banking Committee announced that Chairman Tim Scott, Chair of the Digital Assets Subcommittee Cynthia Lummis, Senator Bill Hagerty, and Senator Thom Tillis have released a set of principles for developing comprehensive market structure legislation. These principles will guide Chairman Tim Scott and his colleagues in discussions and negotiations with industry participants, legal and academic experts, and government stakeholders on the text of the bill. The Senate Banking Committee stated that they are leading a new approach to digital asset regulation and have produced fruitful results for the industry and the American people. They look forward to advancing market structure legislation in the Senate based on the success of the GENIUS Act. These principles will be a crucial foundation for negotiations on the bill, aiming to provide much-needed clear guidance for digital asset regulation beyond politics.
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Link: U.S. Senate Banking Committee Releases Comprehensive Market Structure Legislation Principles, Providing Clear Guidance for Digital Asset Regulation [Copy]
