Protecting America's Cryptocurrency Prowess: A Bipartisan Effort

The United States has long been the global leader in innovation, spanning industries from technology and agriculture to finance. This dominance is not due to the imposition of values on innovators, but rather the freedom afforded to entrepreneurs to build and thrive in the US, unencumbered by excessive government interference and regulation. These principles are fundamentally American, transcending party lines. This is particularly evident in the realm of cryptocurrency, which empowers individuals to control their financial destinies and promotes economic freedom. By providing access to financial tools regardless of background, crypto has the potential to decentralize power from institutions to the American people. Recognizing the technology's vast potential and its ability to transcend party affiliations, we have established the Congressional Crypto Caucus. This nonpartisan group of congressional members is united by a shared vision for the promise of cryptocurrency and aims to function as a cohesive voting bloc in Congress. The Crypto Caucus is designed to bring together members from diverse backgrounds and political spectra, united in their commitment to our mission. We will focus on advancing key policy initiatives through Congress and fostering coalitions within the crypto community to drive meaningful change. Our mission extends beyond mere discussion of policy; we are dedicated to delivering tangible results for the American people. When critical votes or issues arise, the Crypto Caucus will be poised to take action. As chairmen of the caucus, we will work closely with our members to advance a policy agenda rooted in a deep understanding of digital asset technology's unique, decentralized nature. We are committed to fostering an environment that encourages open, permissionless, and private innovation, while resisting attempts at centralized control. Our goal is to promote policies that enable every American to participate in the digital economy. As the digital economy continues to expand, reaching more Americans, we will support policy initiatives that strike a balance between consumer protection and innovation. Our focus will be on advocating for transparent, sensible regulations that safeguard consumers, enhance financial literacy, and expand access to cutting-edge financial tools. By achieving this balance, we aim to enable millions of Americans to safely access these tools, while promoting policies that support innovation in the US. For too long, innovators have navigated a complex regulatory landscape in the US. With the launch of this caucus, we aim to champion a balanced framework that provides legal clarity while allowing American ingenuity to flourish. We do not advocate for deregulation, but rather for smart regulation – rules that protect consumers without driving entrepreneurs abroad. As countries worldwide adopt policies embracing crypto technology, the US cannot afford to fall behind. We seek to adopt a whole-of-government approach to digital asset policymaking, unlocking the future of open, permissionless, and private innovation in the US. Our caucus is dedicated to supporting policies that ensure the US remains the premier location for building, investing, and innovating in the digital asset space. This is a pivotal moment for the US. Cryptocurrency represents a seismic shift in our understanding of finance. As leaders of the Congressional Crypto Caucus, we invite our colleagues to join us in seizing this opportunity. Together, as a nonpartisan coalition, we will ensure the US not only participates in the future of finance but defines it.