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Crypto News Today July 1: Big Beautiful Bill Stalls in Senate Amid GOP Divisions
Crypto News Today July 1: Big Beautiful Bill Stalls in Senate Amid GOP Divisions
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BTCCSquare news:
The fate of the 'Big Beautiful Bill' hangs in the balance as Senate Republicans remain deadlocked on key provisions. With moderates and conservatives at odds, critical elements like AI regulation bans have been removed from the legislation. The July 4 deadline looms large over a chamber still embroiled in amendment debates.
Market participants are closely monitoring the bill's progress, as its passage could have significant implications for cryptocurrency regulation. The current stalemate reflects broader tensions within the GOP about how to approach emerging technologies and financial innovation.
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