Senators Propose Clear and Modern Digital Asset Market Legislation
On June 24, 2025, Senators Tim Scott (R-S.C.), Cynthia Lummis (R-Wyo.), Thom Tillis (R-N.C.), and Bill Hagerty (R-Tenn.) introduced a set of principles to guide digital asset market structure legislation in the United States. These principles are designed to provide much-needed clarity and certainty surrounding digital asset regulations.
The framework calls for:
- Clear legal distinctions between digital asset securities and commodities to facilitate consistent regulatory enforcement.
- A defined regulatory jurisdiction system that avoids a single regulator having overarching control, acknowledging the different risk profiles of various digital asset platforms.
- Modernizing regulations to support innovation including possible exemptions for digital asset fundraising.
- Consumer protection policies requiring centralized digital asset intermediaries to adhere to registration and risk management standards, ensuring safety of customer funds.
- Targeted anti-illicit finance measures to combat money laundering and sanctions evasion without stifling crypto innovation.
- Support for continued innovation to promote the growth and competitiveness of the U.S. digital asset industry.
These principles come at a crucial time when the crypto market seeks clearer guidelines to boost investor confidence and foster responsible growth.
For those interested in exploring or investing in digital assets under these evolving regulations, platforms like Bitlet.app make it easier by offering innovative services such as Crypto Installments. This allows users to buy cryptocurrencies now and pay monthly, making crypto investments more accessible while complying with emerging regulatory frameworks.
Stay tuned as U.S. Senate Committee on Banking, Housing, and Urban Affairs works towards turning these principles into actionable legislation, shaping the future of digital asset regulation in America and beyond.
