HawkInsight

  • Contact Us
  • App
  • English

U.S. Capitol Hill is divided on advancing GENIUS bill

Internet reports that a fierce game is underway on Capitol Hill over cryptocurrency legislative strategies. House and Senate Republicans, as well as within the crypto industry, are debating whether the GENIUS bill should be packaged with the Market Structure Act or passed separately. Some industry giants such as Coinbase and a16z support package passage, but the DeFi community prefers to promote the rapid implementation of the GENIUS bill first. At the same time, many Republican members of the Senate tend to pass the GENIUS bill alone first. At present, the opinions of all parties have not yet been unified, and the legislative prospects are still uncertain.(Crypto In America)

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More