U.S. Senator Sets 90-Day Deadline for Crypto Legislation Amid Partisan Challenges

Senator Bernie Moreno has set a 90-day deadline for the passage of comprehensive cryptocurrency legislation in the United States, underscoring the urgency amid ongoing negotiations and partisan challenges. According to NS3.AI, the legislative process has been hindered by key disputes, particularly regarding stablecoin yield provisions. Banks have expressed opposition to these provisions, while cryptocurrency firms advocate for innovation in the sector. The World Liberty Forum has noted an increase in institutional interest in cryptocurrencies but suggests that legislative progress remains uncertain.