Where crypto market structure bill stands now
The digital assets market stands still while US lawmakers are moving closer to a committee vote on a crypto structure bill. However, reports suggest that there are deep political divisions that still remain, and bipartisan support looks uncertain.
The industry leaders have also shared their separate views on the bill. On one hand, Brian Armstrong, Coinbase CEO, pulled support before the markup; Andreessen Horowitz (a16z) supported the bill as written. Summer Mersinger, CEO of Blockchain Association, has attacked the big bank lobby, while Binance CEO, Richard Teng, stated that any regulation would be better than no regulation.
Senate crypto bill splits lawmakers
According to reports, the Senate Agriculture Committee released…
