WASHINGTON, May 14 -- Sen. Ruben Gallego issued the following press release:
Today, Senator Ruben Gallego (D-AZ), Ranking Member of the Digital Assets Subcommittee of the Senate Banking, Housing and Urban Affairs Committee, issued the following statement after voting to advance the digital asset market structure legislation:
"Digital assets have grown to represent a significant portion of our financial system. With 1 in 4 Americans now invested in digital assets, this issue cannot be ignored. What Congress is attempting to do here - create regulations for an entirely new set of assets - is a massive undertaking. We cannot afford to wait, but we also cannot afford to get this wrong.
"Through serious, bipartisan negotiations, we have made...