Over 100 Cryptocurrency Institutions Urge Lawmakers to Protect Software Developers During Review of Digital Asset Industry Regulatory Proposals

Jinse Finance reported, citing an article from The Block, that several cryptocurrency companies, including a certain exchange, Paxos, and Uniswap Labs, are urging Senate committee leadership to include adjustment provisions in market structure-related legislation. Over the past year, members of the U.S. House of Representatives and Senate have been advancing legislative efforts aimed at comprehensively regulating the cryptocurrency industry. Relevant stakeholders have stated that if the necessary protective measures are not implemented, they will be unable to support this market structure bill.