Democratic senators in the U.S. Senate released a market structure framework, with priorities including preventing Trump from profiting from investments in crypto assets.

PANews September 9 news, according to Crypto In America, on Tuesday morning, a group of 12 Senate Democrats released a detailed framework on market structure legislation, signaling that the minority party is ready to engage in bipartisan cooperation with Republicans on comprehensive Crypto Assets market reform. They believe that the global market size of Crypto Assets is nearly $4 trillion and millions of Americans are involved, it can no longer remain in a regulatory gray area. Preventing Trump from profiting from Crypto Assets investments is the primary consideration, and the framework includes a dedicated chapter to prevent officials and their families from profiting from digital assets during their terms, also describing it as a roadmap to guide achieving bipartisan results. The Democratic Party has seven major priorities, including clarifying CFTC regulatory authority, delineating regulatory powers, requiring issuers to disclose information, promoting platform compliance, preventing illegal financial activities, prohibiting officials and their families from profiting, and ensuring fair and effective regulation. This framework was proposed after the Republican Party released a draft, aiming to establish legislation acceptable to both sides, but some controversial clauses (such as ethical provisions and strict regulation of decentralized finance) and the timeline may make the review process more difficult.