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Coin Center Highlights Decisive Shift in Congressional Debates Over Digital Assets Market Structure

Coin Center’s executive director Peter Van Valkenburgh says the Senate is now confronting the core issue of the Digital Asset Market CLARITY Act – whether developers of non‑custodial blockchain infrastructure will receive legal protection under the Blockchain Regulatory Certainty Act. The bill, which passed the House in 2025, aims to exempt such builders from money‑transmitter classification, preserving permissionless networks. Van Valkenburgh warns that weakening these safeguards could push innovation abroad and erode U.S. influence over future financial standards. The outcome will shape the balance between privacy, security, and centralized control in America’s fintech future.