Momentum continues to build for digital asset policy reform in Washington, with both chambers of Congress taking notable steps to advance legislative efforts. On June 23, the House passed several financial services and blockchain-related bills, including measures to promote U.S. leadership in blockchain technology and expand access to capital markets. The following day, the Senate Banking Subcommittee on Digital Assets held a hearing on bipartisan frameworks for digital asset market structure. In advance of the hearing, the Senate Banking Committee released a set of guiding principles for market structure legislation, calling for statutory clarity on the classification of digital assets, streamlined regulatory jurisdiction and a modernized SEC framework to support responsible innovation. Together, these developments reflect increasing alignment in Congress on the need for a clear, tailored and innovation-forward regulatory regime for digital assets.
