Patrick McHenry stated that the Cryptocurrency Market Structure Act is expected to be introduced before Memorial Day, and the Senate may even take action before Easter. He believes that the current momentum is strong, and negotiations are ongoing, especially regarding yields. Cryptocurrency companies are willing to compromise, but banks have so far remained cautious. McHenry candidly pointed out that if legislation is to make progress, this imbalance in Washington will not continue. If his prediction comes true, the regulatory pressure that the market has anticipated for years may finally begin to ease.

View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)