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Gate Square New & Returning Creator Rewards are ongoing!
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US Senate Pushes Back Crypto Bill Markup—What This Means for the Market
Senator Tim Scott just announced that the Senate is postponing its scheduled crypto bill markup from Thursday to allow more time for bipartisan negotiations. This delay signals that lawmakers from both parties are actively working toward common ground on digital asset regulation.
Market observers are reading this as a positive signal. Rather than pushing through a one-sided proposal, the extended timeline suggests a more thoughtful, collaborative approach to crafting legislation that could actually gain broad support.
The move has sparked optimism among traders, with projects like $SUI seeing renewed interest as the market digests what could be more favorable regulatory clarity down the line. A bipartisan crypto bill—if it happens—could reshape how digital assets are treated in the US financial system.