A massive coalition of tech lobbying groups and crypto companies jointly issued a letter to the Senate Banking Committee Wednesday, warning they will collectively protest an upcoming crypto market structure bill unless it features key legal protections for software developers. 

“We […] speak to Congress with one voice: provide robust, nationwide protections for software developers and non-custodial service providers in market structure legislation,” the letter reads. “Without such protections, we cannot support a market structure bill.”

A total of 114 parties signed the letter, including Andreessen Horowitz, Coinbase, DCG, Grayscale, Kraken, Paradigm, Solana Labs, and Uniswap

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Author: Sander Lutz

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