They aimed to eliminate the regulatory uncertainty in the cryptocurrency markets or at least take the first step towards it. The announcement made at the end of May suggested that the law would be known within 2 months. However, it didn’t happen, and although July 12th was mentioned for the regulation, it was not put to a vote. So when will the US Congress vote on cryptocurrency regulation? US Cryptocurrency Regulation The Financial Services Committee of the House of Representatives has postponed the planned vote for legislation that will create a comprehensive regulatory framework for stablecoins and cryptocurrency trading in the US. According to a timing note sent to the committee’s offices, the committee discussion and vote have now been scheduled for July 26th. Politico was the first to report the news. Many important figures drew attention to the regulatory gap in the crypto space following the collapse of FTX. […]
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