2026-01-16 00:32:06

Today in the crypto market, a major development on the regulatory side: the U.S. Senate Banking Committee has decided to cancel the hearing scheduled for tomorrow regarding the Cryptocurrency Market Structure Bill. This decision comes after a well-known exchange platform withdrew its support for the legislative project.

This political turnaround shows how the positions of institutional players in the sector can influence the U.S. legislative calendar. The dynamics around this regulation will therefore need to be closely monitored.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
6
Repost
Share

Comment

0/400

EntryPositionAnalyst

· 01-18 14:04

Listen, as soon as a major exchange withdraws support, they directly cancel the hearing? That's a bit outrageous... Washington really is that easy to buy off.

View OriginalReply0

fomo_fighter

· 01-17 23:13

Heard the hearing was canceled? Haha, these major exchanges really do as they say.

View OriginalReply0

degenonymous

· 01-16 01:00

Listen, it's the same old trick... Once the major exchanges withdraw support, the entire agenda is dead. This is Washington's game plan.

View OriginalReply0

FlatlineTrader

· 01-16 00:57

Listen, this is Washington's trick—an exchange says they don't support it and just cancels the hearing? That's hilarious.

View OriginalReply0

rekt_but_vibing

· 01-16 00:51

Listen, this is the daily life of crypto. When a big platform turns around, legislation gets delayed. In the game of power, who can play it and who gets to decide?

View OriginalReply0

ConfusedWhale

· 01-16 00:48

LOL, another big exchange playing politics, directly canceling the hearing. American politicians really do as they say.

View OriginalReply0