Crypto bill likely delayed for weeks by Banking Committee after Coinbase pulled its support

The Banking Committee is expected to delay the crypto bill for several weeks following Coinbase's withdrawal of support. This decision comes as lawmakers reassess the proposed legislation amid concerns raised by the cryptocurrency exchange. Coinbase's exit has prompted discussions about the bill's viability and the need for further revisions. The delay highlights ongoing challenges in achieving consensus on regulatory frameworks for the crypto industry.

Read the full article: CoinDesk

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