According to The Block, citing analysis from TD Cowen, political divisions could push U.S. crypto market structure legislation to 2027 for passage and 2029 for implementation. Provisions proposed by Democrats addressing potential conflicts of interest involving President Trump and his family have emerged as a key obstacle.
If a compromise is reached to delay the implementation of these conflict-of-interest clauses, the broader bill may also be postponed accordingly.
#Crypto #CryptoMarkets
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U.S. CRYPTO MARKET STRUCTURE BILL MAY BE DELAYED UNTIL 2027 FOR PASSAGE, 2029 FOR IMPLEMENTATION
According to The Block, citing analysis from TD Cowen, political divisions could push U.S. crypto market structure legislation to 2027 for passage and 2029 for implementation. Provisions proposed by Democrats addressing potential conflicts of interest involving President Trump and his family have emerged as a key obstacle. If a compromise is reached to delay the implementation of these conflict-of-interest clauses, the broader bill may also be postponed accordingly. #Crypto #CryptoMarkets