Why It Matters
Digital Chamber filed a second quarter lobbying disclosure on Senate-led market structure bills, a shift from prior quarters focused on a strategic Bitcoin reserve proposal.
By the Numbers
Digital Chamber spent $226,170 in-house during the second quarter on these issues. The roster includes Cody Carbone; Hailey Miller, who worked for Sen. Ted Cruz; and Taylor Barr.
Fulcrum Public Affairs received $20,000 for work on digital assets and blockchain issues. K&L Gates got $10,000 on the same topics. Liquid Advisors Inc. filed a 2026 second quarter report with $0 in spending, with lobbyist Annemarie Tierney listed.
From third quarter 2025 through first quarter 2026, Digital Chamber spent $530,657 on the Strategic Bitcoin Reserve proposal.
The Agenda
Senate Democrats have expressed concerns about the revised CLARITY Act draft, which includes an ethics agreement that falls short of what they want. The odds of the CLARITY Act becoming law in 2026 remain uncertain, with assessments suggesting roughly fifty-fifty chances at best. Missing the pre-recess window for a vote on comprehensive market-structure legislation would reset the effort to the next Congress, with enactment unlikely before mid-2027 at the earliest.
The Bottom Line
Digital Chamber is actively engaged in the legislative push around digital asset regulation, shifting its focus toward Senate-led market structure proposals.
Access the Legis1 platform for comprehensive political news, data, and insights.
Spot something wrong? Report an issue with this article