Byron Donalds

Op-Ed published by Representative Byron Donalds in Blockworks:

"As a member of the House Financial Services Committee, I’ve planted my stake in the ground to support access to capital. I want to ensure that government overreach is deterred, especially when it comes to advancing the digital asset marketplace. The House Financial Services and House Agriculture Committees took a major step forward for the digital asset community with the passage of the Financial Innovation and Technology for the 21st Century Act, or FIT, back in July 2023. The bill sets out the first comprehensive regulatory framework for the ecosystem and reigns in the rogue agencies seeking to decapitate the budding industry. Unfortunately, the Upper Chamber — with the help of both Democrats and Republicans — is working overtime to buck the actions of the House in favor of policies to eliminate their decentralized competition. Look no further than Senator Warren, D-Mass’., Digital Asset Anti-Money Laundering Act, and Senator Reed, D-RI’s Crypto Asset National Security Enhancement and Enforcement Act (CANSEE Act)..."