US senators signal resistance to market structure over ’foreign crypto deals’
Published on Wednesday, September 24, 2025 by Cointelegraph | Found on Glideslope.ai
No scheduled consideration of a market structure bill appeared on Senate calendars as of Wednesday, and pushback from Democrats could challenge what is expected to be a tight vote.
Pulse AI Analysis
- Senators Elizabeth Warren and Elissa Slotkin oppose a digital asset market structure bill without an investigation into two White House officials linked to a $2 billion crypto deal.
- The deal involves Abu Dhabi-based MGX and Binance, facilitated by David Sacks and Steve Witkoff, raising concerns about conflicts of interest and national security.
- Warren and Slotkin's stance could influence other Democrats' votes on the legislation, which is currently facing delays in the Senate.
- A bipartisan group of 12 Democrats previously indicated willingness to collaborate with Republicans on the bill if it includes anti-corruption measures.
- The House of Representatives passed a related market structure bill, the CLARITY Act, with bipartisan support, but the Senate's version, the Responsible Financial Innovation Act, has not yet been scheduled for a vote.
- Republicans aim to finalize the Senate bill by 2026, but ongoing negotiations with Democrats may complicate the timeline.
- The situation highlights the intersection of crypto regulation and national security concerns, potentially impacting future market structures.
- The deal involves Abu Dhabi-based MGX and Binance, facilitated by David Sacks and Steve Witkoff, raising concerns about conflicts of interest and national security.
- Warren and Slotkin's stance could influence other Democrats' votes on the legislation, which is currently facing delays in the Senate.
- A bipartisan group of 12 Democrats previously indicated willingness to collaborate with Republicans on the bill if it includes anti-corruption measures.
- The House of Representatives passed a related market structure bill, the CLARITY Act, with bipartisan support, but the Senate's version, the Responsible Financial Innovation Act, has not yet been scheduled for a vote.
- Republicans aim to finalize the Senate bill by 2026, but ongoing negotiations with Democrats may complicate the timeline.
- The situation highlights the intersection of crypto regulation and national security concerns, potentially impacting future market structures.
Analysis: neutral
Score: 0.00
Score: 0.00
Sentiment Score: 0.00 - Neutral sentiment.
This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.
