US Senate Republicans say market structure bill doesn‘t ‘serve industry interests‘

US Senate Republicans have expressed concerns that a proposed market structure bill does not align with the interests of the cryptocurrency industry. They argue that the legislation could impose excessive regulations that may hinder innovation and growth within the sector. The bill aims to establish clearer guidelines for digital asset trading and oversight but has faced criticism for potentially stifling competition. Republicans are advocating for a more balanced approach that supports the industry's development while ensuring consumer protection. The ongoing debate highlights the tension between regulatory oversight and fostering a thriving crypto market.

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