Crypto, banks need to be a ‘bit unhappy’ for bill to advance: Senator
Senator Cynthia Lummis stated that for a proposed cryptocurrency regulation bill to progress, both the crypto industry and traditional banks must express some dissatisfaction with its provisions. She emphasized the importance of finding a balance that addresses the concerns of both sectors. Lummis highlighted the need for collaboration between regulators and the crypto community to create effective legislation. The senator's comments reflect ongoing discussions in Congress about how to regulate digital assets while fostering innovation.
Read the full article: Coin Telegraph