Crypto reps fly to US capitol this week to address market structure bill
The Digital Chamber will facilitate engagement with representatives from several digital asset companies in Washington, D.C., on Thursday, ahead of a markup on a major crypto bill.
With a markup event on legislation to address digital asset market structure scheduled for next week, representatives from cryptocurrency companies are expected to fly into Washington, D.C., and some will engage with lawmakers on the bill.
Speaking with Cointelegraph on Tuesday, Cody Carbone, CEO of crypto advocacy organization The Digital Chamber, said it was “possible, if not likely,” that the Senate Agriculture Committee would hold a markup on its version of the Responsible Financial Innovation Act (RFIA) — the market structure bill — at the same time as the Senate Banking Committee. Senator Tim Scott, who chairs the banking committee, said on Tuesday that the body would vote on market structure on Jan. 15.
Ahead of consideration by both committees, the Digital Chamber said it had been “intimately involved” in drafting the legislation and had been invited by lawmakers to provide feedback on different versions of the bills. Carbone told Cointelegraph that the organization will bring in more than 50 member companies on Thursday “to continue to educate Senate offices on why we need a bill” and answer related questions.
