Crypto Rulebook Already Exists Without Congress, Franklin Crypto’s Chris Perkins Says

Perkins's argument reframes the stalled market-structure bill as less urgent than the industry's lobbying suggests: if agencies have already supplied enough clarity for institutions, the legislative push loses its stated rationale. That matters most for the firms that have cited regulatory ambiguity as a reason to stay on the sidelines, and for legislators whose leverage depends on that ambiguity persisting. Whether agency-level guidance proves durable enough to substitute for statute — especially across changes in administration — is the open question.