The advance of US crypto policy may be influenced by Senator Warner's resistance
2025-08-26 21:27:03
U.S. Senator Mark Warner (D-Va.) could be a major obstacle to the crypto industry's push for legal protections for software developers. Worried about hacking and money laundering in the decentralized finance (DeFi) space, Warner opposes provisions in the Digital Asset Market Explicit Act that grant developers legal exemptions. While Warner has supported the stablecoin regulation bill and was named a pro-crypto Democratic senator by the industry, his stance on the Senate Banking Committee could influence the advancement of the market structure bill. The crypto industry is closely watching Warner's attitude in the latest legislative negotiations in an effort to build a legal protection barrier for developers.
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