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. The legislation, which aims to establish a regulatory framework for digital assets, faced criticism from various stakeholders who expressed concerns about its implications. Key industry players have voiced their opposition, leading to uncertainty about the bill's future. The delay highlights the challenges lawmakers face in balancing regulatory oversight with the needs of the rapidly evolving crypto market.
Read the full article: Decrypt