Source: TokocryptoBlog
Original Title: US Crypto Regulator Delayed Again! Industry on Edge Until 2026
Original Link:
The United States Senate has once again postponed the discussion of cryptocurrency regulation. The Senate Banking Committee confirmed that hearings related to revisions of the crypto market structure law will not be held until 2025, as reported on December 16.
This delay occurs amid ongoing bipartisan negotiations between the Republican and Democratic parties. Senate Banking Committee Chairman Tim Scott is said to have made “significant progress” in discussions with Democrats, but a final agreement has not yet been reached, so official discussions must be postponed to next year.
Impact on the Digital Asset Industry
This decision has a major impact on the digital asset industry, which has long awaited regulatory certainty, especially regarding the division of authority between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). Industry players hope for clear rules this year, but those hopes are once again delayed.
In addition to complex negotiations, legislators’ focus on government funding and political dynamics ahead of the midterm elections are also factors in the postponement. As a result, several crucial issues in the crypto industry have not become top priorities in the Senate.
A committee spokesperson stated that discussions are still ongoing in “good faith” to produce a regulatory framework that benefits the digital asset sector. However, prolonged uncertainty is seen as potentially affecting liquidity and market stability.
Market Decline Amid Uncertainty
This situation recalls the fate of the FIT21 Act, which previously passed in the US House of Representatives but was stalled in the Senate, creating prolonged uncertainty for major digital assets like Bitcoin and Ethereum.
Amid regulatory ambiguity, the crypto market also shows pressure. Bitcoin (BTC) is trading at USD 86,381.48 with a market capitalization of around USD 1.72 trillion. BTC trading volume has decreased by 10.26% in the last 24 hours, accompanied by price declines over 60 and 90 days.
The ongoing regulatory delays could dampen investment interest in early-stage digital asset projects. However, if bipartisan negotiations succeed in reaching an agreement, a clearer regulatory framework could potentially enhance stability and confidence in the digital financial services sector moving forward.
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Crypto Regulator AS Delayed Again! Causing Industry Anxiety Until 2026
Source: TokocryptoBlog Original Title: US Crypto Regulator Delayed Again! Industry on Edge Until 2026 Original Link: The United States Senate has once again postponed the discussion of cryptocurrency regulation. The Senate Banking Committee confirmed that hearings related to revisions of the crypto market structure law will not be held until 2025, as reported on December 16.
This delay occurs amid ongoing bipartisan negotiations between the Republican and Democratic parties. Senate Banking Committee Chairman Tim Scott is said to have made “significant progress” in discussions with Democrats, but a final agreement has not yet been reached, so official discussions must be postponed to next year.
Impact on the Digital Asset Industry
This decision has a major impact on the digital asset industry, which has long awaited regulatory certainty, especially regarding the division of authority between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). Industry players hope for clear rules this year, but those hopes are once again delayed.
In addition to complex negotiations, legislators’ focus on government funding and political dynamics ahead of the midterm elections are also factors in the postponement. As a result, several crucial issues in the crypto industry have not become top priorities in the Senate.
A committee spokesperson stated that discussions are still ongoing in “good faith” to produce a regulatory framework that benefits the digital asset sector. However, prolonged uncertainty is seen as potentially affecting liquidity and market stability.
Market Decline Amid Uncertainty
This situation recalls the fate of the FIT21 Act, which previously passed in the US House of Representatives but was stalled in the Senate, creating prolonged uncertainty for major digital assets like Bitcoin and Ethereum.
Amid regulatory ambiguity, the crypto market also shows pressure. Bitcoin (BTC) is trading at USD 86,381.48 with a market capitalization of around USD 1.72 trillion. BTC trading volume has decreased by 10.26% in the last 24 hours, accompanied by price declines over 60 and 90 days.
The ongoing regulatory delays could dampen investment interest in early-stage digital asset projects. However, if bipartisan negotiations succeed in reaching an agreement, a clearer regulatory framework could potentially enhance stability and confidence in the digital financial services sector moving forward.