Senate Draft: Pro-Crypto Market Structure Faces Democratic Hurdles
A forthcoming draft from the U.S. Senate Agriculture Committee is anticipated to favor the crypto industry by potentially shielding developers from liability. According to reports, industry insiders have been advised of this development. However, the draft's prospects may be complicated by a lack of support from Democrats, which could impact its overall viability in the Senate. The market structure draft aims to provide regulatory clarity for the digital asset space, but its success hinges on bipartisan agreement within the committee.
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