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

Keep reading this article on Kraken.com.

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