U.S. lawmakers may delay the crypto market structure bill until at least 2027

https://coinedition.com/us-crypto-rules-implementation-could-stretch-to-2029-td-cowen-says/

13 Comments

  1. coinfeeds-bot on

    tldr; U.S. lawmakers may delay the implementation of crypto market structure rules until 2029, according to TD Cowen. While the bill could move forward this year, political obstacles, including conflict-of-interest provisions targeting senior officials, are slowing progress. Democrats aim to include rules preventing officials and their families from owning crypto businesses, which faces resistance. The timeline may depend on political shifts, with elections influencing the pace of enactment and implementation.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. At this point they’re just kicking the can down the road every election cycle. The SEC will keep operating in the gray zone and enforcing by lawsuit until someone actually forces them to give clear rules, which apparently isn’t happening anytime soon.

  3. Conventional wisdom in Congress (I worked House and Senate for 15 years) is that for years ending in even numbers, if legislation on a substantial policy issue hasn’t already passed it’s not going to be taken up until the next Congress.

    Edit: sorry, I meant passed by April

  4. Shootforthestars24 on

    Ahahahahaha and yall thought he was gonna make it the crypto capital of the world 😂