Market Structure Faces Headwinds From Senate Critics, Crypto Industry
Senator Elizabeth Warren (D-MA), the Ranking Member of the Senate Banking Committee, recently issued a statement and analysis of the draft Republican market structure bill asking for major fixes. The crypto industry just issued a letter also asking Congress to fix the market structure bill. It seems just this one time, there is actually agreement between Warren and the crypto industry.
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Now that the Senate is reconvening after the August recess, a remarkable consensus is emerging in Washington’s bitter crypto debate: two powerful camps that include Senator Elizabeth Warren (D-MA), Ranking Member of the Senate Banking Committee and the cryptocurrency industry both agree draft legislation for market structure in the Senate…