A large coalition of crypto companies and trade associations urged the Senate Banking Committee to “swiftly” schedule a markup of legislation that would overhaul the market structure of the financial system, Punchbowl reports

A significant coalition of crypto companies has called on the Senate Banking Committee to expedite the markup of legislation aimed at restructuring the financial market. This push signals a growing urgency within the industry for regulatory clarity, which could impact investor sentiment and market dynamics in the crypto space, potentially influencing broader risk appetite across financial markets.