A new crypto bill in Washington faces a delay of several weeks, according to reports. Momentum for new crypto rules has slowed. Coinbase reportedly pulled its support, contributing to the delay. The development suggests potential challenges in the regulatory landscape for the cryptocurrency industry. The delay could impact the timeline for establishing clear guidelines and frameworks for crypto assets and related activities.

A new crypto bill in Washington faces a delay of several weeks, according to reports. Momentum for new crypto rules has slowed. Coinbase reportedly pulled its support, contributing to the delay. The development suggests potential challenges in the regulatory landscape for the cryptocurrency industry. The delay could impact the timeline for establishing clear guidelines and frameworks for crypto assets and related activities.