Today in the crypto market, a major development on the regulatory side: the U.S. Senate Banking Committee has decided to cancel the hearing scheduled for tomorrow regarding the Cryptocurrency Market Structure Bill. This decision comes after a well-known exchange platform withdrew its support for the legislative project.
This political turnaround shows how the positions of institutional players in the sector can influence the U.S. legislative calendar. The dynamics around this regulation will therefore need to be closely monitored.
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EntryPositionAnalyst
· 13h ago
Listen, as soon as a major exchange withdraws support, they directly cancel the hearing? That's a bit outrageous... Washington really is that easy to buy off.
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fomo_fighter
· 01-17 23:13
Heard the hearing was canceled? Haha, these major exchanges really do as they say.
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degenonymous
· 01-16 01:00
Listen, it's the same old trick... Once the major exchanges withdraw support, the entire agenda is dead. This is Washington's game plan.
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FlatlineTrader
· 01-16 00:57
Listen, this is Washington's trick—an exchange says they don't support it and just cancels the hearing? That's hilarious.
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rekt_but_vibing
· 01-16 00:51
Listen, this is the daily life of crypto. When a big platform turns around, legislation gets delayed. In the game of power, who can play it and who gets to decide?
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ConfusedWhale
· 01-16 00:48
LOL, another big exchange playing politics, directly canceling the hearing. American politicians really do as they say.
Today in the crypto market, a major development on the regulatory side: the U.S. Senate Banking Committee has decided to cancel the hearing scheduled for tomorrow regarding the Cryptocurrency Market Structure Bill. This decision comes after a well-known exchange platform withdrew its support for the legislative project.
This political turnaround shows how the positions of institutional players in the sector can influence the U.S. legislative calendar. The dynamics around this regulation will therefore need to be closely monitored.