BloombergLean L·
Landmark Crypto Bill Blocked by US Senate
Senators from both parties blocked a landmark digital asset market structure bill in a procedural vote, sending crypto stocks tumbling. The bill would have handed the CFTC the primary authority to regulate the digital assets industry, but failed to advance with a vote of 49-50. Blockchain Association CEO Summer Mersinger says she is still optimistic that crypto will eventually get the regulatory framework it needs. She joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
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