Had a productive & delightful fireside chat with @SenatorTimScott and @BoHines this morning. Market structure legislation is crucial to positioning America as the leader in financial innovation, and making it a welcoming home for digital asset innovators.
Proud to team up with @SenatorTimScott, @SenThomTillis, and @SenatorHagerty to unveil critical digital asset market structure principles to help guide clear & innovative legislation for the industry.
There's no place like home! Wyoming is ranked the 2nd best state for crypto, with the best regulatory framework and most crypto jobs per capita. https://www.coindesk.com/policy/2025/06/02/new-hampshire-tops-list-of-most-crypto-friendly-us-states-study
Our edge in digital finance is at risk if U.S. companies are taxed more than foreign competitors. @berniemoreno & I urged the @USTreasury to lift an unintended tax burden on U.S. digital asset companies. To lead the world in digital assets, we need a level playing field.⬇️
The GENIUS Act protects consumers by: ✅ Requiring all stablecoins to be backed 1-to-1 ✅ Giving consumers strong rights in bankruptcy ✅ Establishing strict marketing standards