On Tuesday, a group of Senate Democrats unveiled a set of key principles aimed at shaping future legislation to regulate the cryptocurrency space under the anticipated market structure bill.
Spearheaded by Senators Ruben Gallego, Mark Warner, Kirsten Gillibrand, and Cory Booker, this framework seeks to address the pressing issues surrounding market structure and regulatory clarity.
New Regulatory Roadmap
The senators described their proposal as a “substantive road map” designed to facilitate effective bipartisan negotiations . They emphasized that achieving a new regulatory framework would require time and collaboration with their Republican counterparts.
This initiative comes in the wake of Senate Republicans releasing their own discussion draft in July, which was updated just l