Keep pulling the thread on Emily Wilkins.
U.S. senators are working to establish a legislative agreement on whether to classify cryptocurrencies as securities or commodities.
The Senate Banking Committee, which had hoped to mark up a cryptocurrency bill this month, has postponed the action.
A tentative vote on a cryptocurrency regulation bill, which lawmakers had hoped to hold this month, could be delayed until January.
A key point of debate in the cryptocurrency regulation bill is whether government officials, such as former President Donald Trump and his family, should be allowed to profit from crypto ventures while in office.
The extent to which decentralized finance (DeFi) should be regulated is an ongoing point of debate among U.S. lawmakers.
Banks are arguing that rewards paid by stablecoin issuers are too similar to interest payments, creating a regulatory conflict.