List of Flash News about Senate crypto legislation
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2025-05-27 19:23 |
House Crypto Bill Faces Uncertain Senate Path: FIT21 Implications for Crypto Regulation in 2025
According to Jake Chervinsky, even if the current House crypto regulation bill progresses, its future in the Senate remains highly uncertain due to challenging political dynamics. Chervinsky highlights that the FIT21 Act, which previously passed the House, failed to advance in the Senate, a trend that could persist for new crypto bills (source: Jake Chervinsky on Twitter, May 27, 2025). For crypto traders, this suggests that significant regulatory clarity or policy changes affecting the cryptocurrency market may be delayed, potentially maintaining current volatility and affecting institutional adoption. |