MORNING MINUTE: Democrats want a seat at the cryptographic table

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are yours and do not necessarily reflect those of Decrypt. Subscribe at the morning minute In substation.

GM!

Today’s main news:

• Crypto Majors Chop, Sol leads to $ 220; BTC at $ 112,300
• Several cryptographic mining actions are raised in the Oracle report of the demand for AI
• Senate Democrats give a list of conditions to work together in the project of cryptography market structure
• Hyperliquid USDH proposal offers now favor native markets
• Sbet Buy 0 ETH last week, spends $ 15 million in shares of shares

🏛️ Democrats want a seat at the cryptographic table

One of the greatest pending risks for cryptography in the United States is its politicization and the potential for reversions and claws if power changes.

Well, that risk can be relieved right now if Senate Democrats come out with his.

📌 What happened

Currently, an important bill of cryptography market structure is being discussed in Congress, and it seems that a group of pro -crypto democrats is ready to work throughout the hall,

While certain conditions are met.

Yesterday, a group of 12 Senate Democrats published a policy framework that explains what they want in any draft Law of Digital Assets Market Structure.

First, they want seats in the SEC and CFTC. Both have 5 seats from the commissioner, limited to 3 by part.

In addition to these seats, other conditions extend:

• consumer protection
• Jurisdictional clarity between SEC and CFTC
• Rules for issuers and trade platforms
• Rasques in illicit finance, and
• Ethics provisions to curb political self -harm.

The movement is positioned as a response to the draft of the Republican Party and an invitation to negotiate a bipartisan agreement that can clear the Senate.

The democratic cohort includes the sens. Ruben Gallego, Mark Warner, Kirsten Gillibrand, Cory Booker, Raphael Warnock and others, several of whom voted for the law of Bipartisan genius Stablecoin, suggesting that they are viable votes.

🗣️ What they are saying

“So that the regulation of digital assets is successful, it is essential that regulators have the financing and personnel they need. These agencies also require democratic voices, as Congress intended: only a bipartisan regulatory process will produce lasting and balanced rules that provide long -term stability and legitimacy for digital asset markets.” – Letter published by Senator Ruben Gallego

“Democrats want to rightly feel that their voice and worries have a power in the room during any regulations in these agencies, and want to know that, if confirmed, those commissioners will not be suggestly fired. “ – DC privileged information, speaking with Decipher

🧠 Why does it matter

This is the way to a real and durable cryptographic frame that can survive a change in power.

A project of only republican law can approve the camera, but cannot clear the Senate without democratic votes, and even if it did, it would be vulnerable to reverse in the next political cycle.

Bring the Democrats to the conversation now raises the probabilities of a stable and bipartisan regulatory framework that survives changes in power.

And, in general, their conditions are very reasonable: they want the seats in the SEC and CFTC to have an opinion, the guarantees that the new rules will not weaken the existing crandfi, the prevention of the use of cryptography to evade regulations, preserving consumer protection and creation an “appropriate and effective” DEFI structure.

On paper, all these things make sense.

Working all over the hall now and getting to the bipartisan agreement means less regulatory cervical whipper for exchanges, emitters and investors, and a more predictable future.

And most importantly for 2028: if power turns again, a bipartisan law in books is much more difficult to relax than the agency’s guide or a close and partisan statute.

Cooperation today is the cheapest insurance policy against the policy in U-Gurs tomorrow.

🌎 Macro crypt and memes

Some Crypto and Web3 headlines that caught my attention:

• Cryptographic careers are mostly flat with sun leading; BTC -0.3% at $ 112,300, ETH -0.5% at $ 4,330, XRP -1% to $ 2.97, Sun +1% at $ 220
• HISTORY (+17%), MNT (+13%) and pump (+13%) LED Top Movers
• Various cryptography actions Yesterday I saw great outbreaksincluding CIFF (+19%), Iren (+15%), Riot (+13%), ABTC (+11%) and GLXY (+10%)
• Senate Democrats described a set of conditions and an impulse for seats in the SEC and CFTC to influence crypto market structure legislation
• Eric Trump He was removed from Alt5 SigmaWorld Libertyfi’s Treasury Company, to comply with Nasdaq compliance rules
• The truth of Trump Social and the truth+ It will allow users to convert “gems” into cro tokensReluring the concerns of another new Trump Net
• The CBOE He said he plans to launch Bitcoin and Ethereum future “continuous” in the long term for US clients in November, waiting for regulatory approval
• An ETF ‘Doje’ dog is scheduled to launch tomorrow Like Meme’s first ETF
• Kraken launched its “xstocks” of tokenized actions to the EU

In corporate treasures

• Sharlink He had no ETH purchases last week, but he began to execute his repurchase of $ 1.5B shares previously authorized with an initial repurchase of $ 15 million
• Metaplenet raised another $ 1.45b through the sale of shares to buy more BTC
• QMMM stock He jumped 17 times on Tuesday after announcing a $ 100 million treasure for BTC, Eth and Sol

In memes

• Meme Co -Leaders They are slightly red in the day; Doge even, Shiba -1%, Pepe -3%, Pengu -3%, Bonk -3%, Trump even, Spx even and Fartcoin -1%
• BOMB gathered another 13% at $ 5.4b FDV and a new local maximum
• Iryna shot 660% to $ 24 million sun soldiers; Streamer (+240%), 67 (+40%) and XVM (+80%) all had notable movements

💰 Token, Airdrop and Protocol Tracker

Here is a summary of the main news of Token, Protocol and Airdrop of The Day:

🤖 ai x crypto

Section dedicated to the headlines in the AI ​​sector of Cryptography:

• General Market Cover 3% less at $ 13.5b, leaders were red
• Fartcoin (-1%), virtual (-3%), tibbir (-2%), Aixbt (-8%) and Ai16z (-7%)
• Read (+15%) and CGPT (+5%) Top Movers LED

🚚 What is happening in NFTS?

Here is the list of other notable headlines of the day in NFT:

• ETH NFT leaders were mostly pairs; Punks even 48.3 eth, Pudgy -1% to 10.4, Bayc -2% at 9.05 eth
• Creepy +17% were a notable engine
• Abstract nfts They were mixed, led by bassist (+12%)
• Art blocks He presented his cured project from 2nd to the last blocks of art, ‘Gas Wars’ by Jack Butcher on September 17