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 $SUI seeing renewed interest as the market digests what could be more favorable regulatory clarity down the line. A bipartisan crypto bill—if it happens—could reshape how digital assets are treated in the US financial system.
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ONYX
· 17h ago
market will be bearish
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GhostAddressMiner
· 17h ago
Delayed negotiations? Ha, it's the same old excuse. Just look at the on-chain fund flows and you'll see that big players have already been quietly taking action. That surge in SUI wasn't caused by any "optimistic sentiment" at all.
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MevHunter
· 17h ago
It's delayed again... Can such procrastination produce anything good?
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Bipartisan cooperation sounds good, but it feels like in the end everyone is doing their own thing.
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$SUI's rebound is a bit interesting, but don't get your hopes up too much. When it comes to regulation, to put it nicely, they haven't decided how to cut yet.
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Really? A delay means good news? I think they're just waiting to trap people.
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I've seen many such delays, and in the end, it's just half-baked plans that no one is satisfied with.
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Regulatory clarity is indeed what we need, but the prerequisite is genuine clarity, not new pitfalls.
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SelfCustodyIssues
· 17h ago
Damn, delaying and procrastinating again... When will the real bill finally be implemented?
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.