Key Notes

Senator John Kennedy has stated the Republican party is "not ready" to advance a comprehensive crypto market structure bill.

The warning conflicts with Senate Banking Chair Tim Scott’s goal to hold a vote on the legislation by Sept.30.

Concerns from Democrats and analysis of market readiness suggest a broader hesitation around the bill's ambitious timeline.

A key Republican senator has cast fresh doubt on the timeline for a comprehensive crypto bill, signaling that internal party disagreement could stall the legislation.

The warning from Senator John Kennedy (R-LA) conflicts with a push by Senate Banking Committee Chair Tim Scott (R-SC) to advance the measure this month.

According to a report from POLITICO , Kennedy stated that he and other lawmakers still have “a lot of

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