• Latest
  • Trending
Kraken completes 2024 Proof of Reserves

Bipartisan support is critical to the future of U.S. crypto legislation

February 26, 2025
Six of the Best Crypto Market Makers Supplying Liquidity in 2025

Six of the Best Crypto Market Makers Supplying Liquidity in 2025

April 25, 2025
Nous Research secures $50M from Paradigm to build decentralized AI on Solana

Nous Research secures $50M from Paradigm to build decentralized AI on Solana

April 25, 2025
Trumponomics #8: Finding On-Chain Certainty in the Chaos of “Trumponomics”: Analyzing Three Types of Yield-Bearing Crypto Assets | by OKG Research | The Capital | Apr, 2025

Trumponomics #8: Finding On-Chain Certainty in the Chaos of “Trumponomics”: Analyzing Three Types of Yield-Bearing Crypto Assets | by OKG Research | The Capital | Apr, 2025

April 25, 2025
SUI, STX Outperform as BTC Whales Position for Gains

SUI, STX Outperform as BTC Whales Position for Gains

April 25, 2025
World of Dypians Wins $450K in BNB Chain’s Support Program and Announces Monumental New Features

World of Dypians Wins $450K in BNB Chain’s Support Program and Announces Monumental New Features

April 25, 2025
5 Bitcoin charts predicting BTC price rally toward $100K by May

5 Bitcoin charts predicting BTC price rally toward $100K by May

April 25, 2025
Cathie Wood-Led Ark Invest Raises Bullish BTC Price Forecast to $2.4M by 2030

Cathie Wood-Led Ark Invest Raises Bullish BTC Price Forecast to $2.4M by 2030

April 25, 2025
Ripple finalizes acquisition of Standard Custody

Ripple delays public listing even with SEC clarity and $11.3B value

April 25, 2025
Bitcoin Metrics on Binance Show Shift That Could Precede Market Squeeze

Bitcoin Metrics on Binance Show Shift That Could Precede Market Squeeze

April 25, 2025
  • Privacy Policy
Friday, April 25, 2025
MtRushmoreCrypto - Where Crypto Rocks
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
Logo
No Result
View All Result
Home Crypto

Bipartisan support is critical to the future of U.S. crypto legislation

J_News by J_News
February 26, 2025
in Crypto, Top News
0
Kraken completes 2024 Proof of Reserves
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


By Jonathan Jachym, Kraken Global Head of Policy and Government Relations

Just weeks ago, I had the privilege of testifying before the U.S. House Financial Services Subcommittee on Digital Assets.

It’s difficult to overstate the magnitude of the opportunity we now have to finalize U.S. market structure legislation and create a clear regulatory framework for crypto. 

This is not merely about policy reform; it’s about securing our markets and driving forward innovation that can enhance financial services.

A moment for bipartisan consensus

After many years of legislative debate, we are at a moment when this 119th Congress can galvanize the necessary nonpartisan consensus to advance U.S. digital assets policy.   

The long journey through industry engagement, education, hearings, legislative drafting and debate has shown significant bipartisan cooperation. 

Senators Lummis and Gillibrand laid a strong foundation for meaningful bipartisan policy development in Congress with the introduction of legislation in early 2022, while last year the House passed FIT 21.     

We have seen strong agreement in Congress for enacting a regulatory framework for centralized intermediaries — one that protects consumers while enabling blockchain-based innovation.

Why crypto market structure legislation matters

The current patchwork of state-level regulations and the prior Administration’s regulation by enforcement has stifled both innovation and consumer protection. A cohesive market structure framework for centralized intermediaries will pave the way for clearer, more consistent rules.

Our industry deserves a system that not only secures consumer interests but also recognizes the unique dynamics of digital assets. Our bipartisan efforts must culminate in legislation that establishes a durable framework. By doing so, we can finally eliminate the regulatory ambiguity that has long hindered progress in the crypto space.

It’s time to catch up with the rest of the world

Globally, nations are rapidly adapting to the digital revolution with balanced, forward-thinking regulations. The EU, UK, Canada — along with other major and emerging markets — are all proof that effective  regulation is achievable.

With the Administration, independent federal agencies and Congress working together, there is a clear and critical opportunity for the U.S. to accelerate and finalize this bipartisan legislation this year. A unified regulatory framework will not only harmonize U.S. rules with international standards but also empower U.S. regulators to engage more effectively on the global stage.

We must work together to act now

The time for Congressional action is now. Kraken is fully committed to championing a legislative framework that reconciles the need for regulatory clarity with the freedom essential for technological advancement. The future of digital assets in the United States depends on our ability to work together, across party lines.

We stand ready to work with Congress, regulators and industry partners to finalize a regulatory framework that fosters responsible innovation.



Source link

Related articles

Six of the Best Crypto Market Makers Supplying Liquidity in 2025

Six of the Best Crypto Market Makers Supplying Liquidity in 2025

April 25, 2025
Nous Research secures $50M from Paradigm to build decentralized AI on Solana

Nous Research secures $50M from Paradigm to build decentralized AI on Solana

April 25, 2025
ShareTweetShareShare

Related Posts

Six of the Best Crypto Market Makers Supplying Liquidity in 2025

Six of the Best Crypto Market Makers Supplying Liquidity in 2025

by J_News
April 25, 2025
0

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed...

Nous Research secures $50M from Paradigm to build decentralized AI on Solana

Nous Research secures $50M from Paradigm to build decentralized AI on Solana

by J_News
April 25, 2025
0

Decentralized AI startup Nous Research has raised $50 million in a Series A round led by crypto venture giant Paradigm,...

Trumponomics #8: Finding On-Chain Certainty in the Chaos of “Trumponomics”: Analyzing Three Types of Yield-Bearing Crypto Assets | by OKG Research | The Capital | Apr, 2025

Trumponomics #8: Finding On-Chain Certainty in the Chaos of “Trumponomics”: Analyzing Three Types of Yield-Bearing Crypto Assets | by OKG Research | The Capital | Apr, 2025

by J_News
April 25, 2025
0

Since the Federal Reserve began its interest rate hike cycle in 2022, the concept of “on-chain interest rates” has gradually...

SUI, STX Outperform as BTC Whales Position for Gains

SUI, STX Outperform as BTC Whales Position for Gains

by J_News
April 25, 2025
0

By Omkar Godbole (All times ET unless indicated otherwise)Bitcoin (BTC) is taking a breather near $94,000, having dropped to $92,000...

World of Dypians Wins $450K in BNB Chain’s Support Program and Announces Monumental New Features

World of Dypians Wins $450K in BNB Chain’s Support Program and Announces Monumental New Features

by J_News
April 25, 2025
0

World of Dypians (WoD), a highly immersive MMORPG available on Epic Games, has announced a series of exciting developments that...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • Crypto Vouchers
  • About Us
  • What Cryptocurrency Is and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

Top News

Top 10 NFTs to Watch in 2025 for High-Return Investments

Top 10 NFT Games with the Biggest Earning Potential in 2025

8 Top Crypto Fundraising Ideas Best for Startups

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

© 2021 mtrushmorecrypto - Crypto Related News Blog