Davis Polk partner Gabe Rosenberg was quoted in Law360 discussing the implementation of a bill to regulate digital asset markets, if passed by Congress.

Gabe noted, “The immediate focus will likely be both setting a registration regime for crypto firms and hammering out definitional rules that clarify what type of conduct or business needs to register.”

“Much like in Dodd-Frank, there were all of these types of products on the edges [that] people didn’t really know how to classify, or did not all agree how to classify, and that, I think, is going to be the same thing here,” he said.

Crypto To Take On Rulemaking Push, And Pushback, In 2026,” Law360 (January 2, 2026) (subscription required)