Landmark crypto bill stalls in US Senate despite $225mn spending push
A landmark US crypto bill has stalled in the Senate despite an estimated $225 million lobbying and political spending campaign by the industry. The setback highlights persistent divisions among lawmakers over how to regulate digital assets.
Points Clés
- The proposed crypto legislation has not advanced in the US Senate.
- Crypto companies and advocates reportedly spent about $225 million seeking to influence the policy debate.
- Regulatory disagreements continue to hinder a comprehensive federal framework for digital assets.
Regulation Context
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A landmark US crypto bill has stalled in the Senate despite an estimated $225 million lobbying and political spending campaign by the industry. The setback highlights persistent divisions among lawmakers over how to regulate digital assets.
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Originally reported by Financial Times
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