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A landmark cryptocurrency regulation bill has stalled in the U.S. Senate amid sharp partisan divisions over the legislative timeline and process, dimming hopes for its passage this year.
Top executives from Coinbase, Kraken, and other crypto firms are meeting with Senate Democrats this week to restart talks on a stalled market regulation bill.
Bipartisan talks in the U.S. Senate to create a regulatory framework for cryptocurrency have been suspended after a procedural dispute over a markup session.
Internet infrastructure firm Cloudflare is launching a U.S. dollar-backed stablecoin as the U.S. Senate prepares to hold a hearing on digital asset taxation.
A group of 12 Senate Democrats is urging Republicans to engage in a joint authorship process for a major cryptocurrency regulation bill, seeking to co-write the law.
