US Senate Acts on Key Crypto Bill Ahead of August Recess
Sen. John Thune, Senate Majority Leader, has taken a key procedural step toward advancing legislation that would establish the country’s first broad federal framework for crypto regulation, setting up a potential vote when lawmakers return from their August recess. Thune filed a motion early Saturday to schedule a procedural vote on the measure for September. If the vote succeeds, the measure could proceed to consideration by the full Senate. The development indicates that Republican lawmakers remain hopeful of securing the 60 votes required for passage, although the legislation continues to face resistance from Democrats. With Republicans holding a narrow majority,…





