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Senate Banking Committee Chairman Tim Scott said lawmakers are preparing to advance a sweeping cryptocurrency market structure bill next week, arguing that clearer rules for digital assets could play a direct role in improving affordability and expanding financial access for Americans. In an intervi

Senator Cynthia Lummis (R-Wyo.) on Friday renewed her call for Congress to approve a long-awaited crypto market structure bill, saying the legislation will provide clear rules that keep digital asset companies operating in the United States rather than offshore. “For far too long, unclear rules have

Michael Selig was sworn in on Monday as the sixteenth chairman of the Commodity Futures Trading Commission, taking the helm of the U.S. derivatives watchdog at a moment of expanding retail participation, accelerating financial innovation and pending digital asset legislation. Selig was nominated by

Coinbase filed lawsuits against Illinois, Michigan, and Connecticut on Friday, seeking court declarations that prediction markets fall under exclusive federal oversight. The crypto exchange argues states cannot apply gambling laws to federally regulated event contracts. Chief Legal Officer Paul Grew

The U.S. Senate Banking Committee has postponed any markup of the long-anticipated crypto market structure bill until next year, delaying momentum on legislation meant to clarify how federal regulators oversee digital asset markets. What Happened A committee spokesperson said Monday that Chairman Ti