Blockchain Association Releases Consensus Position on Digital Market Structure Policies
Blockchain Association recently announced its official stance on digital market structure policies, expressing optimism for progress in legislation and regulation under a pro-crypto Congress and revamped SEC.
Working closely with its 100-plus member companies, the advocacy group outlined 12 key points to guide lawmakers and regulators in shaping a more favorable environment for blockchain and digital assets.
Key Points from the Consensus Position:
- A regulatory framework that positions the US as the “preferred hub” for investment and technological advancement.
- Safeguarding the right to self-custody digital assets using non-custodial wallets.
- Designing policies to avoid favoring specific solutions and focusing on regulating activities rather than foundational infrastructure.
The release of these points is not groundbreaking, as many have been previously discussed. However, they serve as a helpful reminder of the industry’s priorities and goals.
As the landscape of blockchain and digital assets continues to evolve, the Blockchain Association’s stance provides a clear direction for policymakers to support innovation while ensuring consumer protection and market integrity.