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U.S. senators push the Crypto Market Structure Act review to May to gain more negotiation time for stablecoin proposals
Mars Finance reports that U.S. Senator Thom Tillis is urging the Senate Banking Committee to postpone the review of the Crypto Market Structure Act until May, in order to buy more time for a consensus on stablecoin regulation between banks and the crypto industry. The move aims to provide additional room for negotiation around key disagreements on stablecoins and to promote the development of a more feasible regulatory framework.