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Crypto Bill Markup Nears Amid Washington Pressure
PYMNTS·
The Digital Asset Market Clarity Act is facing a critical 72-hour period as the Senate Banking Committee prepares for a markup session on Thursday, May 14. Negotiations are intensifying as lawmakers approach the deadline for this significant piece of legislation concerning digital assets. The bill's progress is being closely watched by industry stakeholders, with key figures like Senate Banking Committee Chairman Tim Scott and Digital Assets Subcommittee Chair Cynthia Lummis involved in the discussions. This final stretch is crucial for determining the future regulatory landscape of cryptocurrencies in the United States.
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fintech
regulation
crypto
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