Crypto Industry Heads to Washington as Key Bill Nears Markup
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With a critical markup on digital asset market structure legislation scheduled for next week, representatives from major crypto companies are preparing to travel to Washington, D.C. The discussions center on the Responsible Financial Innovation Act, a bill that could significantly reshape how cryptocurrencies are regulated in the United States.
According to Cody Carbone, CEO of The Digital Chamber, both the Senate Agriculture Committee and the Senate Banking Committee are expected to consider versions of the bill simultaneously. Senate Banking Chair Tim Scott confirmed a committee vote is scheduled for January 15, raising expectations that momentum is building quickly.