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Kraken· 2025-12-20 03:52
RT Dave Ripley (@DavidLRipley)@CynthiaMLummis, a true legend in crypto policyThank you for your leadership on behalf of the crypto industry. It has been a privilege to work with you and learn from your approach to digital asset policy, one that values technical understanding, innovation, and people over headlines.Your willingness to engage directly with builders and operators helped set a standard for how policy and innovation can move forward.I look forward to continuing to work with you to get market stru ...
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Kraken· 2025-12-19 23:49
Digital Asset Policy & Regulation - Senator Lummis played a central role in shaping digital asset policy in the United States [1] - Wyoming took a technically informed approach to digital asset policy early on, clarifying property rights and treating custody, settlement, and ownership as core infrastructure [2] - Wyoming was the first to recognize digital assets as property and provide legal clarity around settlement finality, modern custody, staking, and on-chain activity [3] - The industry believes innovation requires clarity, and markets function best when rules align with technical reality [4] - The industry emphasizes the importance of neutral and durable frameworks that preserve self-custody, respect composability, and allow systems to interoperate [4] - The industry believes policy should protect ownership, clarify responsibility, and allow open systems to compete on their merits, rather than picking winners [6] Market & Innovation - The industry recognizes the importance of all networks, from major protocols like $BTC and $ETH to emerging systems, experimental networks, and tokenized representations of real-world activity [5] - Permissionless innovation emerges unevenly, and policy should not try to pick winners in advance [6] - Wyoming created space for various digital asset innovations without prescribing which networks should succeed [7] US Competitiveness - The industry believes clear and coherent federal frameworks are crucial to prevent innovation fragmentation, builder migration, capital relocation, and the United States falling behind in digital asset markets [10] - Senator Lummis' advocacy is focused on competitiveness, resilience, and ensuring the United States remains a place where open systems can be built and operated responsibly [8]