U.S. Crypto Legislation Faces Uphill Battle in Republican-Controlled House, Key Lawmakers Target 2024
Efforts to pass US crypto legislation through the House of Representatives this year have been delayed until 2024 due to the recent fight over installing a new speaker. The legislation still faces an uphill battle in the Senate, which is controlled by Democrats. However, success in the House may move the Senate to approve the bills. The House Financial Services Committee is focusing on two major crypto bills, one to regulate US stablecoin issuers and another to form a broad system of rules for crypto markets. Passing the bills may require attaching them to must-move legislation, such as a spending bill.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
FTX plans to start reimbursing creditors by January 2025
1MCHEEMSUSDT now launched for futures trading and trading bots
Bitget has launched 1MCHEEMSUSDT for futures trading with a maximum leverage of 20, along with support for futures trading bots, on November 25, 2024 (UTC+8). Welcome to try futures trading via our official website (www.bitget.com) or Bitget APP. 1MCHEEMSUSDT-M perpetual futures: Parameters Details
Token listing: Instantly buy/sell BTC with EUR & BRL via cash conversion!
Bitget users can now instantly buy or sell BTC with EUR or BRL balances via cash conversion! Buy/Sell Crypto Tips: Enjoy a transaction fee rebate in USDT on your first cash conversion transaction! Additional perks >>> Flash Monday: Buy crypto with a credit/debit card for zero fees >>> Flash Thursda
Trending news
MoreCrypto prices
More
