Republican Sen. John Kennedy said that he will support a key cryptocurrency bill in the Senate Banking Committee, Semafor reports

This support from Senator Kennedy for a cryptocurrency bill may signal a potential shift in the legislative landscape for digital assets in the U.S.

Newsquawk StaffPublished 13 May 2026, 16:25 UTCOn the live feed at 16:05 UTC — 1 more headline followed before this page went public

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16:05

Republican Sen. John Kennedy said that he will support a key cryptocurrency bill in the Senate Banking Committee, Semafor reports

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Context

It could enhance the regulatory clarity necessary for institutional adoption and influence market sentiment, reflecting a bipartisan interest in crypto regulation. Traders should monitor how this development might impact related assets and the broader crypto market.

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