Senate Banking Committee Delays Crypto Bill Markup Following Coinbase Opposition
The U.S. Senate Banking Committee postponed a markup on landmark crypto legislation after Coinbase withdrew support.
CEO Brian Armstrong cited provisions that could harm consumers, stifle competition, and erode CFTC authority.
Stakeholders anticipate a revised draft in coming weeks to address industry concerns.
The U.S. Senate Banking Committee has postponed a scheduled markup of a major cryptocurrency regulation bill...
