Senate Democrats Pour Cold Water on Updated Crypto Bill Draft
BLOOMBERG LAW ·
Senate Democrats are giving the new draft of a landmark cryptocurrency bill a cold reception as GOP leadership signals they will move ahead with a vote. “It’s a partisan text,” Sen. Cory Booker (D-N.J.), a member of the Senate Agriculture Committee with jurisdiction on the bill, told Bloomberg Government. “There’s a whole bunch of issues I have with it from ethics all the way down to conflicts.” The latest draft of the bill, which aims to set new guidelines for regulating the cryptocurrency industry, includes a ban on elected officials, ... Providing news, analysis, data and opportunity insights. Log in to keep reading or access research tools and resources.
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U.S. Senate Democrats are showing a cold attitude toward the updated cryptocurrency bill draft, expressing the view that it will be difficult for the cryptocurrency bill to pass. If the cryptocurrency bill fails to pass, Bitcoin prices are expected to decline.
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- Bitcoin — U.S. Senate Democrats are showing a cold attitude toward the updated cryptocurrency bill draft, expressing the view that it will be difficult for the cryptocurrency bill to pass.
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