Sen. John Kennedy (R-La.) warned that Senate Republicans are “not ready” to advance their landmark crypto market structure bill, casting doubt on Chairman Tim Scott’s goal of marking it up this month. The pushback deepens GOP splits over how to divide oversight between the SEC and CFTC, threatening the CLARITY Act’s September 30 deadline.

Sen. John Kennedy (R-La.) warned that Senate Republicans are “not ready” to advance their landmark crypto market structure bill, casting doubt on Chairman Tim Scott’s goal of marking it up this month. The pushback deepens GOP splits over how to divide oversight between the SEC and CFTC, threatening the CLARITY Act’s September 30 deadline.
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