Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
12 Democrats Join the American Crypto Revolution

12 Democrats Join the American Crypto Revolution

CointribuneCointribune2025/09/23 19:33
By:Cointribune

For the first time, Washington speaks with one voice on crypto. After years of partisan deadlocks and ideological battles, Democrats and Republicans are finally breaking their divides to build a common regulatory framework. Twelve Democratic senators have just announced their support for negotiations, accelerating the implementation of a law that could redefine the future of a market worth more than 4 trillion dollars.

12 Democrats Join the American Crypto Revolution image 0 12 Democrats Join the American Crypto Revolution image 1

In brief

  • Twelve Democratic senators break their resistance and join the bipartisan effort
  • Adoption aimed by the end of 2025, facing European and Asian regulatory competition
  • A 4 trillion dollar crypto market awaiting final institutional legitimization

Towards Bipartisan Legislation on the Crypto Market in the USA

The shockwave is shaking the halls of the Capitol. While several legislative projects on crypto were already moving forward , twelve Democratic senators from the banking and agricultural committees, including Kirsten Gillibrand, Cory Booker, and Mark Warner, caught everyone off guard by calling for a collaborative approach with Republicans.

In a joint statement , they demand a strong bipartisan framework to avoid a law dictated by only one camp. This unexpected alliance disrupts the legislative balance.

Tim Scott, Republican chairman of the Senate banking committee, had anticipated this shift by betting on support from at least twelve Democrats. His intuition is confirmed: the bipartisan majority is forming and creating a legislative momentum now difficult to stop. Only Elizabeth Warren remains in direct opposition, denouncing “legislation dictated by the crypto industry“.

The convergence crystallizes around seven key pillars, including:

  • a strengthening of the fight against illicit financing,
  • a clarification of the status of crypto assets not considered as financial securities,
  • increased transparency between the SEC and the CFTC to fill regulatory grey areas.

This harmonization reduces partisan divides and paves the way for a lasting compromise. Although Republicans control both chambers, Democratic support remains essential to ensure the sustainable adoption of the bill. The schedule is accelerating with initial votes organized at the end of September or early October, depending on ongoing negotiations between the banking and agricultural committees.

A Legislative Momentum That Accelerates Amid International Competition

This movement takes place in a rapidly changing regulatory landscape. The GENIUS Act , focused on stablecoins, has already been adopted by Congress and signed by President Donald Trump.  Meanwhile, the Clarity Act, aiming to define whether a crypto is a security or a commodity, is still awaiting the Senate’s green light after overwhelming approval in the House with 294 votes to 134.

Meanwhile, international competition is intensifying. The European Union is structuring its market with the MiCA regulation , Hong Kong is aggressively attracting stablecoin issuers, and Singapore imposes severe restrictions on retail investors. This global fragmentation could destabilize some players but offers the United States a unique opportunity: to establish itself as the regulatory hub of reference for crypto.

Institutions are already anticipating this turn. With over 200 billion dollars in stablecoins in circulation, clear rules mean that insurance banks and pension funds can invest massively without fearing reversals.

BlackRock, Fidelity, and their competitors now have a legal framework to launch sophisticated crypto products, consolidating the American position in the global crypto ETF market. If the bipartisan momentum holds, it will be a new era of legal certainty for crypto opening in the United States, positioning the country as the global reference hub in the race for regulatory hegemony over digital assets.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!