Sen. Tillis: Delays Crypto Bill Advance
Sen. Tillis informs Sen. Scott that Senate Banking Committee won't advance major crypto bill in April, eyeing May markup amid stablecoin yield talks.
SourceAnalysis
Sen. Tillis (R-NC) signaled to Senate Banking Committee Chair Tim Scott (R-SC) that the panel should hold off on advancing a major crypto bill this April, citing the need for more time to hammer out a bank-crypto compromise on stablecoin yield. This early read on the pivotal week for the Clarity Act points to a potential May markup, potentially easing immediate pressures on Bitcoin (BTC) markets amid ongoing crypto regulation bill delays. Insiders track this as a key hurdle in stablecoin regulation delay negotiations, with broader implications for senate crypto bill 2026 timelines that could ripple into volatile crypto market crash scenarios if unresolved.
Eleanor Terrett
@EleanorTerrettBritish-born Fox Business journalist and producer, JMU graduate breaking news with a global perspective.