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Senate Deadlock Derails US Crypto Bill—Stablecoin Regulation Now in Limbo
Senate Deadlock Derails US Crypto Bill—Stablecoin Regulation Now in Limbo
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Washington’s latest attempt to regulate crypto hits a brick wall as partisan gridlock stalls progress. The bill—once touted as a breakthrough for stablecoin oversight—now gathers dust while senators bicker over jurisdictional turf.
Key sticking points? Who gets to call the shots: the SEC, CFTC, or some new hybrid watchdog. Meanwhile, Treasury officials sweat over the growing $150B stablecoin market operating in a regulatory gray zone.
Wall Street banks quietly cheer the delay—nothing like watching crypto upstarts flounder in compliance purgatory while traditional finance keeps playing by its own rules.
Senate Deadlock Threatens Passage of Legislation Over Regulation DisputesA key effort to regulate cryptocurrencies collapsed after months of negotiations. T... Read More
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