The U.S. Senate delays consideration of crypto regulation bill, stablecoins and tokenized stocks become focus

【Crypto World】The U.S. Senate Banking Committee suddenly paused its scheduled review of the Cryptocurrency Market Structure Act. The reason was that the CEO of a major compliant platform publicly expressed opposition, pointing out serious issues with the draft bill—including effectively banning tokenized stocks and provisions that would “stifle stablecoin reward mechanisms.”

This delay may seem like a setback, but the White House sees it differently. President’s advisor David Sachs believes this is an opportunity for all parties to sit down and resolve differences. Senate Banking Committee Chairman Tim Scott also issued a statement, saying negotiations are still sincerely progressing and have not stalled.

What about industry voices? Practitioners generally believe that this pause is not a failure of legislation but rather a signal of re-adjustment. How to define this delay—whether it’s genuine progress or a delaying tactic—let’s see how it unfolds.