Coinspeaker
US Senate Targets Year-End Legislation for Crypto Regulations
As the United States approaches the highly anticipated presidential elections this November, the crypto industry might soon see the long-awaited clarity it has been demanding. Senate Majority Leader Chuck Schumer has expressed optimism that a bipartisan bill on cryptocurrency regulation could be passed by the Senate before the end of the year.
During a virtual town hall event titled “Crypto4Harris” on August 14, Schumer noted the importance of passing sensible cryptocurrency legislation. “Passing legislation this year is absolutely possible, even in these divided times,” he stated.
The event, which aimed to raise funds for Vice President Kamala Harris’s presidential campaign, also featured billionaire investor Mark Cuban and prominent senators like Kristen Gillibrand and Senate Agriculture Committee chair Debbie Stabenow. However, Harris did not participate in the event.
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