Senator John Kennedy, a Republican member of the Senate Banking Committee, has raised significant concerns regarding the advancement of a much-anticipated cryptocurrency market structure bill .

In recent remarks, Kennedy emphasized that lawmakers should not fast-track the process of passing the bill, casting uncertainty over the timeline promised by Committee Chair Tim Scott.

Concerns Over Readiness For Crypto Market Structure Bill

According to a report by POLITICO, Kennedy articulated his apprehensions during a discussion about the bill, stating, “I don’t think we’re ready.” He noted that many stakeholders, including himself, still have numerous questions about the proposed legislation.

Scott and other Republicans, including pro-crypto Senator Cynthia Lummis, have champion

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