With time running out to strike a deal on cryptocurrency legislation, U.S. senators remain divided on several issues, Semafor reported Thursday (June 25).
Those issues include potential restrictions on President Donald Trump’s ability to profit from digital assets, how to fill empty seats at the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), how to govern yields on stablecoins, and how to combat illicit finance, according to the report.
Senators interviewed by Semafor had differing views on the likelihood of a deal being struck on the crypto bill.
Sen. Cynthia Lummis (R-Wyo.) said lawmakers hope to get a bill to the Senate floor in July.
Senate Majority Leader John Thune…
