Senate Crypto Bill Faces Bipartisan Challenges

[madmax]

The Senate Banking and Agriculture Committees are preparing to mark up crypto legislation that would clarify regulatory authority over digital assets. However, Republicans and Democrats have yet to align on key issues, such as stablecoin yield caps and DeFi oversight.

Lawmakers aim to finalize the separate bills before sending a consolidated version to the Senate floor, but negotiations remain complex. The outcome of this process will shape how the SEC and CFTC coordinate regulation and could significantly impact the US crypto market.

[tradelikepro]

republicans and democrats arguing over caps again… meanwhile crypto markets just keep moving without them.