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US Crypto Market Structure Bill Nears Mid-May Markup as Ethics Dispute Looms
U.S. lawmakers are pushing a crypto market structure bill toward markup as early as mid-May, but ethics disputes are clouding the path. Senator Thom Tillis said he asked Senate Banking Committee Chair Tim Scott to schedule a hearing, move revisions and a vote, and publish updated bill text before markup. Tillis said he would oppose the bill without clear ethics provisions, and ethics issues are expected to draw Democratic focus as midterm elections approach.