Vlad Tenev, CEO of the popular trading platform Robinhood, has forcefully reiterated his company’s commitment to supporting comprehensive crypto market structure legislation, even as the proposed bill faces significant delays in the current congressional session. Speaking to industry stakeholders this week, Tenev stressed that establishing clear, functional rules for digital assets is critical for protecting retail investors and ensuring the United States remains competitive in the burgeoning Web3 economy.
The market structure legislation, often viewed as essential for defining whether specific digital assets fall under the jurisdiction of the Securities and Exchange Commission (SEC) or the Commodities Futures Trading Commission (CFTC), has seen its momentum slow down amid a challenging legislative calendar and pre-election focus.
Despite the frustration over the stalled progress, Tenev warned against regulatory stagnation, arguing that uncertainty forces innovation overseas and compromises investor safety. “We cannot afford to let regulatory ambiguity persist. Every day the legislative process slows down is a day retail investors are operating without the robust protection that a clearly defined market structure would provide,” Tenev stated. He emphasized that Robinhood views the legislation as necessary foundational infrastructure required for the secure and compliant scaling of digital asset trading in the US.
Robinhood has been one of the most visible advocates for bipartisan clarity in crypto regulation. Tenev’s reaffirmation signals that the firm continues to prioritize regulatory certainty, regardless of the current congressional timeline, hoping to see the legislation revived and passed in the next legislative cycle.
Source: Robinhood CEO Vlad Tenev reaffirms support for crypto market structure bill amid delay
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