More than 100 crypto firms urge Senate to move on U.S. market structure bill

Key priorities include defining clear SEC and CFTC oversight roles, protecting non-custodial developers, simplifying disclosure rules, and avoiding a patchwork of state laws. What to know : A coalition of over 100 crypto firms, including Coinbase and Ripple, is pressing the Senate Banking Committee to mark up the Clarity Act to create a federal framework for digital assets. Key priorities include defining clear SEC and CFTC oversight roles, protecting non-custodial developers, simplifying disclosure rules, and avoiding a patchwork of state laws. The coalition warns the lack of a comprehensive U.S. crypto framework risks pushing investment and jobs offshore, urging Congress to set the global market standard.