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House’s Crypto Markets Bill Advances Amid Industry Calls for Senate Revisions
House’s Crypto Markets Bill Advances Amid Industry Calls for Senate Revisions
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BTCCSquare news:
The U.S. House of Representatives is poised to pass the Digital Asset Markets Clarity Act, with at least 30 Democratic votes expected to join the Republican majority. The bill, a landmark for crypto regulation, aims to end years of regulatory ambiguity but faces criticism for unresolved flaws.
Industry leaders acknowledge the progress while pushing for Senate revisions, particularly on jurisdictional clarity between the CFTC and SEC. Behind closed doors, crypto executives are rallying allies to present a unified front as the Senate prepares its own version of the legislation.
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