[Congressional Record Volume 171, Number 98 (Monday, June 9, 2025)]
[Senate]
[Page S3288]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2327. Ms. WARREN submitted an amendment intended to be proposed to 
amendment SA 2307 proposed by Mr. Thune (for Mr. Hagerty (for himself 
and Mrs. Gillibrand)) to the bill S. 1582, to provide for the 
regulation of payment stablecoins, and for other purposes; which was 
ordered to lie on the table; as follows:

       Beginning on page 2, strike line 21 and all that follows 
     through page 4, line 2, and insert the following:
       (7) Digital asset service provider.--The term ``digital 
     asset service provider'' means a person that, for 
     compensation or profit, engages in the business in the United 
     States (including on behalf of customers or users in the 
     United States) of--
       (A) exchanging digital assets for monetary value;
       (B) exchanging digital assets for other digital assets;
       (C) transferring digital assets to a third party;
       (D) acting as a digital asset custodian; or
       (E) participating in financial services relating to digital 
     asset issuance.
       On page 14, lines 10 and 11, strike ``for a digital asset 
     service provider''.
       On page 14, lines 16 and 17, strike ``for any digital asset 
     service provider''.
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