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The Nexus
POLITICSMay 14 · 08:59 UTCSEMAFOREleanor Mueller

Senate’s crypto drama comes to a head

The Senate Banking Committee is advancing a cryptocurrency regulation overhaul on Thursday after months of debate. Republicans have secured enough votes to move forward without Democratic support, though industry leaders like Coinbase CEO Brian Armstrong hope for bipartisan backing. Key sticking points include ethics language that would restrict the White House's ability to profit from crypto.

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