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Tag: Senate crypto negotiations
When Consensus Crumbles: The Collapse of Senate Crypto Negotiations and the Legal Battle Over Digital Currency Regulation
In recent months, the U.S. Senate appeared poised to achieve a rare bipartisan milestone: the creation of a federal framework to regulate digital assets. The cryptocurrency market, valued in the trillions, has long operated in a regulatory gray zone, with Congress frequently accused of failing to provide clarity. For a brief moment, legislators on both sides of the aisle seemed aligned on the urgent need to legislate the burgeoning sector. However, as revealed in Politico’s May 4, 2025 exposé, these negotiations have since collapsed, highlighting entrenched divisions, political opportunism, and institutional gridlock.