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US Lawmakers Launch ‘Congressional Crypto Caucus’ To Ensure Global Leadership in Setting Digital Asset Standards

US Lawmakers Launch ‘Congressional Crypto Caucus’ To Ensure Global Leadership in Setting Digital Asset Standards

Daily HodlDaily Hodl2025/03/04 16:00
By:by Conor Devitt

Two US lawmakers have launched a bipartisan “Congressional Crypto Caucus” in an effort to advance a digital asset policy agenda.

House Reps. Ritchie Torres (D-NY) and Tom Emmer (R-MN) say in a press release that the caucus will “defend open, permissionless and private innovation in the United States.”

“The Crypto Caucus will help advance a policy agenda focused on the following: 

  • Promoting Transparency and Open Participation – Encouraging open-source development and permissionless access to blockchain networks to foster accountability, innovation, and inclusivity.
  • Expanding Economic Opportunity – Supporting policies that promote financial autonomy, digital property rights, and broader access to innovative financial tools.
  • Strengthening National Security and Global Competitiveness – Ensuring the U.S. leads in setting global digital asset standards, enhancing transparency, and addressing illicit finance concerns.
  • Enhancing Consumer Protections and Financial Inclusion – Encouraging clear, transparent regulations that safeguard consumers, promote financial literacy, and expand equitable access to financial services.
  • Providing Regulatory Clarity – Developing a balanced, principles-based framework that fosters legal certainty and encourages responsible innovation.”

Emmer, who as majority whip is the third-ranking Republican in the House, says the new caucus is designed to accomplish the will of pro-crypto voters.

“The Crypto Caucus will serve as a unified voting bloc in Congress – a nonpartisan group of members ready to mobilize to support and defend open, permissionless, and private innovation in the United States.”

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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