According to Sen. Mark Warner (D-VI), a “big, bipartisan group working hard” to advance the Senate’s crypto market structure bill, even as talks face mounting obstacles.

Future-Proof Policy Requires Congress              

During a Senate Banking Committee hearing, SEC Chairman Paul Atkins cautioned that while the agency can issue rules under his “Project Crypto” agenda, any clarity created solely through SEC action could be reversed by a future administration.

Atkins stressed that durable, “future-proof” crypto regulation requires legislation passed by Congress, not just agency rulemaking, CoinDesk reported on Friday.

The proposed Digital Asset Market Clarity Act continues to…

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