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US Lawmakers Launch ‘Congressional Crypto Caucus’ To Ensure Global Leadership in Setting Digital Asset Standards

March 5, 2025
in Regulation
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Two US lawmakers have launched a bipartisan “Congressional Crypto Caucus” in an effort to advance a digital asset policy agenda.

House Reps. Ritchie Torres (D-NY) and Tom Emmer (R-MN) say in a press release that the caucus will “defend open, permissionless and private innovation in the United States.”

“The Crypto Caucus will help advance a policy agenda focused on the following: 

  • Promoting Transparency and Open Participation – Encouraging open-source development and permissionless access to blockchain networks to foster accountability, innovation, and inclusivity.
  • Expanding Economic Opportunity – Supporting policies that promote financial autonomy, digital property rights, and broader access to innovative financial tools.
  • Strengthening National Security and Global Competitiveness – Ensuring the U.S. leads in setting global digital asset standards, enhancing transparency, and addressing illicit finance concerns.
  • Enhancing Consumer Protections and Financial Inclusion – Encouraging clear, transparent regulations that safeguard consumers, promote financial literacy, and expand equitable access to financial services.
  • Providing Regulatory Clarity – Developing a balanced, principles-based framework that fosters legal certainty and encourages responsible innovation.”

Emmer, who as majority whip is the third-ranking Republican in the House, says the new caucus is designed to accomplish the will of pro-crypto voters.

“The Crypto Caucus will serve as a unified voting bloc in Congress – a nonpartisan group of members ready to mobilize to support and defend open, permissionless, and private innovation in the United States.”

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