As per BitcoinWorld, U.S. Senator Bernie Moreno has revealed that comprehensive crypto regulation negotiations in Congress have stalled due to unresolved disagreements, particularly over jurisdictional boundaries between the SEC and CFTC and consumer protection rules. While the GENIUS Act for stablecoins was passed in 2023, broader regulatory efforts remain deadlocked. The senator emphasized a preference for no deal over a flawed one. The stalemate creates regulatory uncertainty for businesses and investors, with lawmakers scheduled to reconvene on December 9th to continue discussions.
U.S. Crypto Regulation Talks Stalled Amid SEC-CFTC Disputes
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