November 2025 Letter to U.S. Senate Banking Committee
Industry Groups Call for Federal Study of CDFIs & MDIs in Senate Digital Assets Market Structure Legislation
Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs) should be positioned to meet the emerging needs of the rural and mainstream populations that they serve, as adoption of digital finance grows. Blockchain Foundation has proposed a provision to the Senate crypto market structure legislation that is currently in development. It calls for a federal study to explore a pathway for how CDFIs and MDIs could be authorized to offer digital assets via compliant, third-party partnerships, as well as how CDFIs and MDIs can deploy financial education and risk management programs to increase consumer awareness about tools to combat fraud and scams.
Signatories include Blockchain Foundation, The Digital Chamber, Blockchain Association, Crypto Council For Innovation, Chamber of Progress, The Decentralization Research Center, Crypto.com, Plume Network, and many others. For more information, contact cleve@TheBlockFound.com
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