Senate Democrats Seek Crypto Regulation as Republicans Stall Progress

Senate Democrats express a desire for crypto legislation, yet negotiations falter due to Republican opposition, highlighting a partisan divide in Congress.

On Thursday, not a single Senate Democrat from the Agriculture Committee cast a vote in favor of a proposed legislation pertaining to the structure of the cryptocurrency market. The bill narrowly progressed through a markup session, yet it did so strictly along party lines, underscoring a significant lack of bipartisan support.