Justin Slaughter, Vice President of Regulatory Affairs at Paradigm, has indicated that the full implementation of the U.S. Crypto Market Structure Act could take nearly two presidential terms. The bill, currently under review by the Senate Banking Committee, requires the development of 45 detailed rules. Slaughter highlighted the lengthy process, comparing it to the Dodd-Frank Act, which took three to eight years for rule finalization. The Agriculture Committee hearing on the bill has been postponed to January 27th, and Slaughter remains optimistic about its eventual success despite potential setbacks.
Paradigm Executive Warns Crypto Market Rules May Take Years to Finalize
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