As Congress in the U.S. becomes more supportive of cryptocurrency, attention is shifting to potential changes in how digital assets are regulated. Sandra Ro, the CEO of the Global Blockchain Business Council (GBBC), believes the Stablecoin bill will be a key focus among upcoming legislation.
In a recent discussion, Ro shared her feelings of both relief and excitement about what 2025 might bring. She described the past decade in the industry as an uphill battle.
Legislative Priorities for Digital Assets
Ro pointed out that there is broad support for the Stablecoin bill within the digital asset community. This bill aims to clarify regulations around stablecoins in the U.S. She also mentioned the Bitcoin Reserve Bill from Senator Lummis, which she thinks "should not be controversial," although its future is still uncertain. Another important issue is the possible repeal of SAB121. Ro noted that the SEC may need to reconsider or even completely reverse this regulation.
The GBBC is actively working with bipartisan advisors to improve education on digital assets in Congress and federal agencies. Ro explained that her team collaborates with advisors from both parties to expand educational efforts on Capitol Hill. Their focus covers various sectors, including global supply chains and energy security.
Calls for Balanced Representation
As discussions about regulation heat up, Ro emphasized the need for "balanced views" in shaping U.S. crypto policy. She stressed that decision-making should include a wide range of voices, not just those who contribute heavily to crypto PACs. The digital asset leadership community is diverse, and GBBC is committed to representing this broader group.
Ro shared her insights on upcoming bills in a recent LinkedIn post. At the Benzinga Future of Digital Assets event, she is expected to elaborate on these topics as the industry braces for potential regulatory changes that could impact the future of digital finance in the U.S.
As the digital asset market evolves, the interplay of regulatory shifts, mergers and acquisitions, and adoption trends will shape this dynamic sector. The Benzinga Future of Digital Assets event in New York City this November will provide industry leaders and investors with a platform to explore these developments further. Attendees can gain insights into the changing regulatory landscape and the latest market trends.