Why It Matters
Bitcoin Association, a Switzerland-based industry group, is lobbying on cryptocurrency and blockchain regulation as Congress considers legislation establishing federal rules for digital assets.
The Digital Asset Market Clarity Act passed the House on July 17, 2025, and now awaits further action in the Senate. Bitcoin Association's lobbying disclosures identify its interest in developing a regulatory environment that promotes lawful conduct while enabling cryptocurrency and blockchain innovation, placing the organization within the broader debate over federal oversight of digital assets.
By the Numbers
Bitcoin Association's third-quarter lobbying disclosure, filed by Cozen O'Connor Public Strategies LLC, reported $110,000 in lobbying income. The amount was unchanged from the second quarter and the third quarter of 2025, but was $70,000, or 38.9%, below the $180,000 reported in the third quarter of 2024.
The filing identifies one lobbyist, Howard Schweitzer, a partner at Cozen O'Connor Public Strategies LLC, with no prior congressional staff experience listed in the supplied records.
Broader Context
Rep. French Hill (R-AR) introduced H.R. 3633, the Digital Asset Market Clarity Act, which passed the House on July 17, 2025, and was referred to the Senate Banking Committee on Sept. 18, 2025. The legislation has bipartisan cosponsors and would establish a regulatory framework for digital assets, including dividing oversight responsibilities between the Securities and Exchange Commission and the Commodity Futures Trading Commission.
Sen. John Boozman (R-AR) introduced S. 4064, the Digital Commodity Intermediaries Act, on March 11. The measure addresses federal oversight of digital commodity intermediaries. Although it addresses similar regulatory issues, it is not identical to the Senate companion to the House-passed CLARITY Act.
The Guiding and Establishing National Innovation for U.S. Stablecoins Act, known as the GENIUS Act, became Public Law 119-27 on July 18, 2025, establishing a federal regulatory framework for payment stablecoin issuers. A May 19 executive order directed federal agencies to update regulations to facilitate integrating digital assets into traditional financial services.
The Federal Reserve Board withdrew guidance governing banks' crypto-asset activities on April 24, 2025. The Office of the Comptroller of the Currency subsequently clarified on May 7, 2025, that national banks may provide certain crypto-asset custody and related services, subject to applicable safety-and-soundness requirements.
The Crypto Council for Innovation, Blockchain Association and Digital Chamber supported a draft of the CLARITY Act in a July 24 letter, citing research estimating that nearly 67 million Americans own digital assets. The letter reflects broader industry support for legislation that clarifies how the federal government regulates cryptocurrencies.
The National Community Reinvestment Coalition (NCRC) opposed the Senate's market-structure legislation in a Jan. 13 letter, arguing that self-certification provisions could weaken securities-law protections. NCRC also warned that stablecoins could shift up to $6.6 trillion in deposits away from banks, citing an estimate from the Treasury Borrowing Advisory Committee.
The Bottom Line
The House-passed Digital Asset Market Clarity Act remains under Senate consideration as federal policymakers continue developing rules governing cryptocurrency markets, stablecoins, and financial institutions' digital-asset activities.
Bitcoin Association's quarterly lobbying payments have remained at $110,000 since the second quarter of 2025, while its disclosed lobbying roster contracted from four individuals to one over the first three quarters of the current year.
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