In accordance with PANews, U.S. Senator Bernie Moreno (R-OH) described recent negotiations over a cryptocurrency market structure bill as 'quite frustrating.' Moreno, speaking at the Blockchain Association Policy Summit in Washington, D.C., emphasized that he would not support a 'bad deal' just to show progress. The House and Senate versions of the bill remain unaligned, with the House passing its version of the Clarity Act in July. Senate Banking Committee Chair Tim Scott suggested a feasible hearing for bill revisions on December 17 or 18, but Senator Mark Warner (D) noted the difficulty of completing the process before the holidays, citing pending White House input on quorum and ethics issues.
U.S. Senator Moreno Calls Crypto Bill Negotiations 'Frustrating' as Year-End Legislative Process Intensifies
KuCoinFlashShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.