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The Senate Banking Committee postponed its planned markup of the Digital Asset Market CLARITY Act, capping what had been expected to be a pivotal week for U.S. crypto policy with an anticlimactic halt amid growing industry opposition and unresolved political disputes, according to reporting from Crypto in America.
The decision came after tensions escalated throughout the week as crypto companies and trade groups voiced frustration over late-stage amendments to the 278-page market structure bill.
Critics argued the changes tilted the legislation further in favor of banks and traditional finance, particularly by tightening restrictions around stablecoin rewards and…
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