Senators Seek "Loose Regulation" on Cryptocurrency Markets, Democrats Oppose
2025-07-09 23:36:47
A key US Senate committee is debating proposed regulation of digital assets. Republicans have called for a "soft" approach to regulation, while Democrats have warned of possible loopholes and conflicts of interest. The Senate Banking Committee's hearing on Wednesday is aimed at pushing legislation on cryptocurrency market structure with the goal of making progress by the committee's deadline of Sept. 30. The House of Representatives is scheduled to consider its own proposal next week.
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