Senate Republicans race toward crypto vote on bill with uncertain Democratic buy-in
Senate Republicans are pushing to advance a cryptocurrency bill that aims to establish a regulatory framework for digital assets, but its passage faces uncertainty due to a lack of Democratic support. The proposed legislation seeks to clarify the roles of various regulatory agencies in overseeing cryptocurrencies. While some Republicans are optimistic about bipartisan support, Democrats have raised concerns over consumer protections and potential risks associated with the bill. The timeline for a vote remains unclear as negotiations continue.
Read the full article: CoinDesk