GOP Cryptocurrency Bill Divides Congressional Democrats
A major legislative proposal aimed at revamping the regulations surrounding cryptocurrency has caused a rift among senior Congressional Democrats, opening up an opportunity for Republicans to advance their own legislation with some potential bipartisan support.
During a recent meeting of the Financial Services Committee, House Democrats showed their divided stance on a Republican-led measure that seeks to establish federal mandates for regulating digital asset trading, specifically overseen by the CFTC and the SEC. Representative Maxine Waters, who is the…
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