Senate banking leaders released an initial discussion draft for digital asset market structure legislation that would reshape the cryptocurrency industry when the bill is formally introduced. The move, led by GOP senators Tim Scott, R-South Carolina, Cynthia Lummis, R-Wyoming, Bill Hagerty, R-Texas, and Bernie Moreno, R-Ohio, is a major step in advancing President Trump’s campaign promise of making America the "crypto capital of the planet." "My colleagues and I in the House and Senate share the same goal: to provide clear rules of the road for digital assets that protect investors, foster innovation, and keep the ... (full story)