Republican senators have released principles to guide digital asset market structure legislation, marking a significant step toward regulatory clarity that could benefit Bitcoin and the broader crypto industry. Senate Banking Chairman Tim Scott (R-SC), along with Senators Cynthia Lummis (R-WY), Thom Tillis (R-NC), and Bill Hagerty (R-TN), announced the framework balancing innovation with consumer protection. 

The principles address regulatory uncertainty that has plagued Bitcoin and digital assets, emphasizing clear jurisdictional boundaries between agencies and modernized oversight approaches for digital assets.  

“Since taking over as Chairman, I’ve led a new…

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