Crypto Bill Faces Potential Delay to 2027, Implementation by 2029: Report
A proposed crypto market structure bill may face delays, potentially pushing its passage to 2027 with implementation in 2029, according to a report by TD Cowen. The delay is attributed to demands from Democratic lawmakers for conflict-of-interest restrictions impacting senior officials. These demands could complicate the bill's progress and timeline for approval this year. The report suggests that legislative hurdles may extend the timeline for establishing a comprehensive regulatory framework for the crypto market.
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