WASHINGTON, D.C. – Senator Debbie Stabenow, Chairwoman of the Senate Agriculture, Nutrition, and Forestry Committee, Monday released the following statement on cryptocurrency legislation.
I am very proud of the bill we’ve drafted to bring clear rules of the road to the crypto market. It is a balanced bill that prioritizes necessary customer protections, and the industry agrees would not stifle innovation. I have worked closely with Senator Brown and the Banking Committee on this effort. There is still time to pass a bill this year, but I need a Republican senator to step up in order to accomplish that goal. I sincerely hope that politics does not get in the way of good policy.