The U.S. Senate is pushing forward with a new crypto market structure bill, but growing tensions are emerging over how the legislation is being shaped.
Senator Elizabeth Warren (D-MA) has raised sharp concerns about the lack of transparency in the crypto bill process, accusing Republicans of releasing a 182-page draft without consulting Democrats or disclosing industry input.
Warren argued that such an approach threatens bipartisan cooperation, warning that lobbyist-driven legislation risks creating unfair advantages in the crypto industry.
“Instead of working with us, Republicans have produced partisan drafts reflecting secret feedback from industry,” Warren said, urging for more openness and collaboration.
Democrats Release Their Own Framework
In response, Senate Democrats unveiled