Senate Banking Committee delay di crypto market-structure bill, dey extend regulatory uncertainty

Senate Banking Committee don postpone di markup for one bipartisan crypto market-structure bill after committee members and industry people report say some issues never resolve. Di law try make clear which regulator sef — SEC or CFTC get jurisdiction, make special frameworks for spot crypto markets, tighten custody rules, and improve market surveillance — topics wey exchanges, trading firms and consumer groups give strong feedback on. Senators talk say jurisdiction wording still remain, investor-protection concerns and mixed feedback be why dem delay more negotiation. Di postponement reduce chance say Congress go clear matter on spot crypto products and exchange rules soon, fit affect timing for spot BTC ETF approvals, and extend regulatory uncertainty for institutional entrants and market players. Committee leaders talk say discussions go continue and di bill fit come back after revisions. Traders suppose expect continued volatility for major crypto assets as market dey price ongoing regulatory risk; possible outcomes include eventual passage with clearer rules or one fragmented federal approach if consensus no reach.