Trump Ally David Sacks Says US 'One Step Closer' To 'Crypto Capital' As Senate Panel Advances Bill

Benzinga01-30 17:59

The U.S. Senate Committee on Agriculture, Nutrition, and Forestry voted on Thursday to advance cryptocurrency market structure legislation, moving the bill closer to establishing federal regulations ...

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Armstrong previously withdrew support for the bill over stablecoin provisions.\n\nIndustry Leaders Rally Behind Regulatory ClarityRipple (CRYPTO: XRP) CEO Brad Garlinghouse, who has advocated for clear crypto legislation, also took to X to acknowledge the significance of this development.Garlinghouse reiterated his previous stance that “clarity is better than chaos,” noting the legislation’s necessity for crypto entrepreneurs as digital assets become increasingly integrated into global financial infrastructure.\n\nPhoto: ShutterstockDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.Market News and Data brought to you by Benzinga APIs© 2026 Benzinga.com. Benzinga does not provide investment advice. 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