☀️ Welcome to Summer Recess! Congress may be out of town, but it’s far from playtime for crypto policy. CCI's Rashan A. Colbert breaks down the week ahead: The Senate is advancing legislation, the SEC is full speed ahead on Project Crypto, and the White House is signaling just how important digital assets are to the US’s future. 🔹 Senate Banking Committee released its Market Structure discussion draft, building on Senator Lummis’ earlier bill, and introducing a novel concept: Ancillary Assets - designed to help builders and regulators determine how crypto tokens should be classified. 🔹 The Committee also issued an RFI with 35 key questions on market structure policy. At CCI, we’re preparing a detailed response ahead of Tuesday’s deadline. 🔹 The President’s Working Group on Digital Asset Markets dropped a sweeping 166-page report full of tech deep-dives, strategic priorities, and policy proposals. 🔹 SEC Chairman Paul Atkins launched Project Crypto - a bold initiative to modernize securities regulation for the blockchain era. Even during recess, we’ll be working with the Administration, the Senate, regulators, and our members to push digital asset policy forward.
