U.S. Crypto Market Structure Bill Set to Move Forward; Ethical Concerns Emerge as Key Issue
Svmuu News: The legislative process for U.S. crypto market regulation is accelerating, with Congress pushing for the bill to enter the markup phase as early as mid-May. However, uncertainties surrounding ethical issues and Donald Trump’s ties to the crypto industry continue to cast doubt on the path forward. Senator Thom Tillis, one of the bill’s primary proponents, stated that he has asked Senate Banking Committee Chairman Tim Scott to schedule hearings and move forward with the amendment and voting process, while also hoping to release a new version of the bill prior to the markup. However, Tillis emphasized that he would oppose the bill’s passage if it does not include explicit ethics provisions. With the midterm elections approaching, these ethics issues are expected to become a key focus for Democrats.
Source:Odaily · Source Link
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