On September 10, Senator Kennedy questioned the progress of the Digital Asset Market Structure Bill, indicating the committee isn’t ready for a vote. He highlighted ongoing uncertainties as he stated, “I still have a lot of questions.”
In contrast, Tim Scott’s team stressed the importance of establishing a regulatory framework before September ends, noting prior feedback from stakeholders. However, legislative momentum is fragmented, raising doubts about the U.S.’s ability to finalize crypto regulations swiftly.
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