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Crypto

U.S. House Democrats' Cryptocurrency Bill Faces Industry Skepticism: Report

2026/11/06 16:38(Updated 2026/11/06 10:18)

CoinPost

Written by L.Kikutani

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U.S. House Democrats' Cryptocurrency Bill Faces Industry Skepticism: Report

New Proposal Focused on the SEC

Industry insiders have expressed skepticism about the new regulatory bill for the cryptocurrency market being discussed by U.S. House Democrats, stating that 'the industry will not favor it.' Eleanor Terrett, a cryptocurrency policy journalist for Crypto in America, reported on the 6th, citing multiple industry sources.

The Clarity Act, led by Republicans, was opposed by all Democratic senators in the September Senate vote, resulting in a 49-50 vote, falling short of the 60 votes needed to proceed...

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