Market Structure Legislation
Here's why Coinbase and other companies soured on the major crypto bill
Provisions addressing decentralized finance, SEC jurisdiction and authorities and — of course — stablecoin yield all alarmed industry participants.
Crypto developer protections don't belong in market structure bill, senators say
Legislative language which would grant some legal protections to crypto software developers, falls under the Senate Judiciary Committee, its leaders said.
Senate Democrats serious about crypto bill reboot, they said in call with industry
The Democratic contingent in negotiations over U.S. crypto market structure got back into the talks over the bill, though they sought to keep details private.
Customers are benefitting from the global stablecoin arms race — but that won’t last forever
It would be a mistake to see the incoming wave of aggressive APYs as the new baseline, according to Ron Tarter, CEO of MNEE. This is merely the promotional phase of stablecoins.
Coinbase CEO Brian Armstrong says company opposed crypto bill to protect consumers
Armstrong told CNBC that his firm pulled support for a sweeping digital assets bill after finding provisions that could have harmed consumers and stifled competition.
Senate Democrats pursuing a Friday call with crypto industry on market structure bill
A call is being planned to discuss the state of the legislation that's now been postponed in the Senate Banking Committee, sources say.
The big crypto bill isn't dead, may return next month as Wall Street fight still looms
The digital assets crowd has been complaining bitterly about bank-lobbyist tactics, but Senate lawmakers have a much longer relationship with their bankers.
Crypto bill delay 'may ultimately be constructive' for final product, Benchmark says
Delayed markups could give Congress time to resolve issues that may determine how, and whether, institutions fully enter U.S. crypto markets, broker Benchmark said.
Senate Banking Committee cancels crypto market structure markup
The committee's Republican chairman, Tim Scott, had pushed for a quick process before it collapsed under the weigh of unfinished business.
