Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto: investment bank TD Cowen reportedly warned that a key cryptocurrency market structure bill could be delayed until 2027. Meanwhile, Bitcoin Core developers warned users of a wallet migration bug that can delete files and result in fund losses, and US crypto stocks soared amid a wider crypto market rally.
Investment bank TD Cowen has warned that the United States’ digital asset market structure legislation, known as the CLARITY Act, could remain stalled for the next year as Democrats and Republicans jockey for position ahead of the US midterm elections.
According to TD Cowen’s research team, Senate Democrats may seek to block the bill before the elections, given the potential for the midterms to shift the balance of power in Congress.
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