Senator Cynthia Lummis anticipates a delay in the Senate Banking Committee's scheduled markup of a crypto market structure bill, originally set for Thursday. This development follows Coinbase's decision to withdraw its support for the legislation, as reported by Bloomberg. The bill aims to establish a regulatory framework for the cryptocurrency market, but the loss of backing from a major industry player like Coinbase could impact its progress.
Senate Banking Committee May Delay Crypto Bill Markup After Coinbase Withdrawal
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