🇺🇸𝗨.𝗦. 𝗦𝗘𝗡𝗔𝗧𝗘 𝗣𝗔𝗨𝗦𝗘𝗦 𝗖𝗥𝗬𝗣𝗧𝗢 𝗟𝗔𝗪 𝗔𝗙𝗧𝗘𝗥 𝗖𝗢𝗜𝗡𝗕𝗔𝗦𝗘 𝗦𝗔𝗬𝗦 𝗡𝗢🚨
A planned vote in the Senate Banking Committee was delayed after Coinbase said it cannot support the crypto bill in its current form, putting the proposal on hold.
Tokenized Stocks Concern: The language could make it hard to launch tokenized shares, slowing progress in digital markets.
DeFi and Privacy Worries: Some parts of the bill may limit decentralized platforms and reduce user privacy.
Regulatory Direction Issue: More control would sit with the SEC, which could mean tougher action instead of clear rules.
Stablecoin Yield Impact: The bill may stop platforms from offering rewards on stablecoins, giving banks an edge.
Brian Armstrong’s Message:
“Having no bill is better than passing a bad one.”
This pause isn’t a setback, it’s a test of whether the U.S. can regulate crypto without breaking it.
#sicrypto #BTC100kNext? $BTC $BNB