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News
Senate Banking Committee Delays Crypto Bill Markup After Support Fractures
user-avatar
Sarah Wynn2h ago

Senate Banking Committee Delays Crypto Bill Markup After Support Fractures

The Senate Banking Committee pulled its planned markup and vote on a comprehensive crypto bill after support eroded midweek. Chair Tim Scott announced the postponement Wednesday night; Coinbase withdrew backing, citing treatment of stablecoin yield, tokenized equities and DeFi. A new hearing date has not been set.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
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