Warren Statement on Crypto Market Structure Legislation

Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, released the following statement:

"Producing a new crypto regulatory regime requires legislation that can pass both the House and the Senate. I put forward a framework for legislation in July, and today more Democrats released their framework for crypto market structure legislation. So far, instead of working with us, Republicans have produced two partisan drafts - including a recent proposal that reportedly reflects secret feedback from industry and other stakeholders that Republicans refuse to share with Committee Democrats, or the public. To succeed in passing a new law, the Majority must share stakeholder feedback publicly and work with Democrats on strong bipartisan legislation that addresses the real and serious concerns with their current industry-written proposals."

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