Several Democratic U.S. Senators have called for a bipartisan approach to regulate the digital asset market, emphasizing the need for careful and consensual legislation. In a joint statement issued on September 20, 2025, the Senators highlighted the digital asset market's expansion into a $4 trillion global industry as a key reason for structured regulation. They previously proposed a legislative framework to address regulatory gaps in non-securities digital asset spot markets, clarify regulatory authority, and combat illegal finance and corruption.