Democrat Senators Seek Bipartisan Role in Crypto Market Structure Bill

Democratic senators are pushing for a more active role in shaping the GOP-led crypto market structure bill, one of the most significant digital asset regulations under consideration in the US Congress. The legislation, advanced by the Senate Banking Committee, has drawn criticism from Democrats like Elizabeth Warren, who argue for greater bipartisan collaboration.

The "Responsible Financial Innovation Act of 2025," spearheaded by Republican senators including Tim Scott and Cynthia Lummis, proposes a joint regulatory committee involving the SEC and CFTC, alongside 14 non-government members from industry and academia. The bill's momentum follows former President Donald Trump's crypto-friendly stance, placing regulatory frameworks at the forefront of congressional debate.

Despite its progress, the bill faces scrutiny over its lack of Democratic input. The growing divide highlights the challenges of crafting balanced crypto regulation amid shifting political dynamics.