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Leading Democrats in the House of Representatives on Thursday cast a critical eye to Republican and crypto-industry efforts to craft a bespoke regulatory framework for digital asset market structure, though there remain enough friendly Democrats that the hope for bipartisan legislation remains alive.
“We do not need to create an entirely new and special framework for crypto. We already have one,” said Rep. Maxine Waters of California, the top Democrat on the House Financial Services Committee, during a hearing. “Crypto firms,…
