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JUST IN: 🇺🇸 Former US Congressman Patrick McHenry on the crypto market structure bill hold up: "The banks are fearful of a new technology." 👀

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NEW: 🇺🇸 US Congressman Patrick McHenry also gives speech supporting overturning SEC rule that prevents regulated financial firms from custodying #Bitcoin and crypto. 👏 He argues that banks should also be custodying spot Bitcoin ETF funds 👀
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JUST IN: 🇺🇸 US Senator Cynthia Lummis announces Bitcoin and crypto market structure legislation will get marked up "in May." 👀 "We are gonna get it to the finish line." 🚀
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NEW: 🏦💸 Are banks scared of massive withdrawals? Coinbase CEO Brian Armstrong, speaking from Davos, flags “payment of rewards on stablecoins” as a key issue in the current crypto market structure bill. Armstrong says "banks should have to compete on a level playing field."
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