Senate Banking Chairman Tim Scott's sweeping crypto bill faces sharp criticism from Senate Judiciary Chairman Chuck Grassley and ranking member Dick Durbin, who say the measure raises serious concerns. The bipartisan pushback could slow or reshape the proposed regulatory overhaul.
Senate Banking Committee Chair Tim Scott signaled a possible vote next month on the long-delayed Crypto Market Bill, raising prospects for near-term passage and implementation. The development follows months of drafting and negotiation among lawmakers and industry stakeholders.