Gate News reported that on March 27, Tim Scott, the chairman of the U.S. Senate Banking Committee, stated that bipartisan support for cryptocurrency market structure legislation has been achieved, and internal consensus within the industry is the final hurdle. Tim Scott revealed that he has communicated with a certain exchange, and all parties are still at the negotiating table.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
PACE Act Targets Faster Payments With Fed Access for Fintechs
PACE Act introduces optional federal licensing for fintechs, requiring compliance, reserves, and oversight by the OCC.
Direct access to Fed systems like FedNow and Fedwire aims to cut delays, lower costs, and reduce reliance on banks.
Industry groups support the bill, citing improved comp
CryptoFrontNews55m ago
CLARITY Act Faces May Delay Amid Bank Pressure Push
Senate timing pressures and hearings narrow the window, risking delay of the CLARITY Act markup decision into May.
Banking groups intensify lobbying against stablecoin yield provisions, expanding outreach to multiple committee members.
Ongoing disputes over yields, ethics, and DeFi
CryptoFrontNews55m ago
Russia's State Duma Passes Cryptocurrency Regulation Bill on First Reading, Allows Cross-Border Crypto Settlement to Bypass Sanctions
Gate News message, April 22 — Russia's State Duma passed a cryptocurrency regulation bill on first reading, classifying cryptocurrencies as "property" and designating the Central Bank of Russia to oversee market participants' licensing and supervision. The bill introduces a tiered access mechanism f
GateNews1h ago
Fed Chair Nominee Kevin Warsh Backs Crypto Integration, Opposes CBDC
Abstract: Trump's Fed chair nominee Kevin Warsh argues digital assets are already part of U.S. finance, rejects a central bank digital currency, and favors market-led crypto innovation. He disclosed more than $100 million in crypto holdings, inviting questions about independence.
Summary: Warsh, Trump's Fed nominee, says digital assets are integral to U.S. finance, rejects a CBDC, and favors market-driven crypto innovation; he disclosed more than $100 million in crypto holdings, raising independence concerns.
GateNews2h ago
SEC Chair Atkins: Tokenized securities regulation is being “reset,” signing an MOU with the CFTC
U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins, in a keynote address at the Washington Economic Club on April 21 marking his one-year anniversary as chair, announced a “reset” plan for digital asset regulation surrounding its “A-C-T” strategy (Advancing, Clarifying, Transforming). The core elements include an “Innovation Exemption” mechanism, a five-category token classification framework, and a memorandum of understanding signed with the U.S. Commodity Futures Trading Commission (CFTC).
MarketWhisper3h ago
35% of European Investors Would Switch Banks for Better Crypto Services, MiCA Adoption Accelerates
Gate News message, April 22 — A survey by Boerse Stuttgart Digital found that 35% of European investors would consider switching banks for better cryptocurrency services, highlighting how digital assets are beginning to influence banking relationships across the continent.
The survey covered
GateNews3h ago
