Banking punts major crypto markup
Once again, the “crypto Congress” is on the verge of collapse thanks to the U.S. Senate.
The Senate Banking Committee has punted a landmark crypto markup that was scheduled to happen this morning. The panel would have considered legislation to overhaul the structure of the financial system to incorporate digital assets.
In many ways, the course of events that led to this moment was shocking. But the core problems have been building for weeks.
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