Senate Banking Committee Delays Markup of Key Crypto Bill as Industry Support Frays

The Senate Banking Committee has postponed the markup of a significant cryptocurrency bill amid declining support from the industry. This decision comes as various stakeholders express concerns about the proposed regulations and their potential impact on innovation and market stability. The delay highlights the growing divide within the crypto community regarding the best approach to regulation. As lawmakers continue to debate the bill's provisions, uncertainty remains about the future of crypto legislation in the U.S.

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