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The crypto bill is falling apart in Congress

The crypto bill is falling apart in Congress

The crypto bill is falling apart in Congress

The crypto bill is falling apart in Congress

Rep. Glenn Thompson (R-PA), from left, Sen. Tim Scott (R-SC) Sen. John Boozman (R-AK), Rep. French Hill (R-AK), and David Sacks, White House Artificial Intelligence (AI) and Crypto czar, during a news conference on Capitol Hill in Washington, DC, , on Tuesday, Feb. 4, 2025. | Ting Shen/Bloomberg via Getty Images.

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Last week, when I was tracking Coinbase’s opposition to the Clarity Act, I kept hearing the same fear from worried DC insiders: The crypto industry was running out of time to pass a bipartisan market structure bill that would actually give them a favorable outcome. The midterm elections are imminent, and Congress will switch to campaign mode in the upcoming weeks, mean …

Read the full story at The Verge.