Crypto-related stocks sold off sharply after the Senate blocked a landmark digital asset market structure bill. The legislation, which would have given the CFTC primary regulatory authority, failed to reach the 60 votes needed to advance. Coinbase (COIN) declined over 9%, Circle Internet Group dropped more than 9.6%, Strategy fell roughly 5%, and Bitmine Immersion Technologies lost over 7% 🔗. The defeat comes less than two months before midterm elections.
Crypto stocks fall as Senate blocks landmark digital asset bill
STREETINSIDER.COMSep 15, 7:42 PM UTC
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