Senate Crypto Bill Faces August Deadline
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- Senate advances crypto market structure bill after delayed markup, requiring 60 votes to pass before August recess
- Greg Cipolaro of NYDIG warns bill risks failure if not passed by early August due to post-recess political constraints
- White House targets July 4 for Senate passage, though analysts view the deadline as optimistic rather than binding
Why it matters: If the bill fails by early August, institutional crypto investment could stall, with a Republican loss in November making revival unlikely. The next 60 days are the last viable window for a regulatory framework backed by current Senate leadership.
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