Democrats counter US crypto framework; bill grinds to a halt

Democrats counter US crypto framework; bill grinds to a halt

By Cointelegraph
The crypto framework law in the Senate is now on pause as lawmakers debate possible new amendments.

Article Details

**Democrats Challenge US Cryptocurrency Framework as Senate Bill Faces Legislative Gridlock**

The highly anticipated US cryptocurrency regulatory framework has hit a major roadblock in the Senate, with Democratic lawmakers proposing counter-amendments that have effectively stalled progress on comprehensive crypto legislation. This legislative pause creates significant uncertainty for the broader cryptocurrency market, including Bitcoin, Ethereum, and the rapidly expanding DeFi ecosystem.

The Senate's crypto framework bill, designed to establish clear regulatory guidelines for digital assets, blockchain technology, and cryptocurrency exchanges, now faces an uncertain timeline as bipartisan negotiations intensify. Democratic opposition centers on key provisions that could impact how cryptocurrencies are classified and regulated under federal law.

This legislative uncertainty compounds existing market volatility, as crypto investors and blockchain companies await clearer regulatory guidance. The stalled framework affects everything from Bitcoin trading regulations to DeFi protocol compliance requirements. Major cryptocurrency exchanges and blockchain startups are closely monitoring developments, as the final legislation could reshape the entire US digital asset landscape.

The delay highlights ongoing political divisions over cryptocurrency regulation, potentially impacting institutional adoption and market sentiment across all major digital currencies and blockchain platforms.

Article Details

Market Sentiment
neutral
Category
bitcoin
Reading Time
1 min read
Article Type
Article
Topics & Keywords
#Crypto#News

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Source: Cointelegraph

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