TD Cowen analysts warn that the U.S. crypto market structure bill could be delayed until after the midterm elections. The bill aims to clarify which digital assets are securities and divide oversight between the SEC and CFTC.
Political wrangling, procedural disputes, and election pressures are cited as reasons for the hold-up. For crypto projects and investors, it means regulatory clarity may take longer than expected, more uncertainty in the short term.
Political wrangling, procedural disputes, and election pressures are cited as reasons for the hold-up. For crypto projects and investors, it means regulatory clarity may take longer than expected, more uncertainty in the short term.