As Senate lawmakers edge closer to a critical vote on crypto market structure legislation, industry insiders are flagging the steep obstacles threatening to derail a deal. With just days before the likely decisive markup, three major fault lines have emerged: Traditional financial players are increasingly vocal against expanded DeFi access, while the banking sector aggressively opposes stablecoin yield mechanisms that could redirect deposits. Meanwhile, Senate negotiations remain deadlocked over how to balance regulatory oversight with market innovation. The tension between Wall Street's risk aversion and the crypto community's push for market freedom could ultimately determine whether this pivotal bill moves forward or stalls. Observers are watching closely—this vote may prove make-or-break for how the sector gets regulated in the near term.
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DataChief
· 01-10 23:29
Is this vote going to be blocked again? Wall Street folks are really good at blocking things, just afraid that DeFi will take away their jobs.
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TheShibaWhisperer
· 01-09 22:59
Is it really those old-fashioned traditional finance folks causing trouble again?
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NeonCollector
· 01-09 22:58
Wall Street is once again stifling innovation, and this routine has been played out too many times... They really just want to keep the entire crypto industry tightly under regulation, and what's all this talk about risk control? Essentially, they're just afraid of us sharing their cake.
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FOMOmonster
· 01-09 22:52
Here comes that old, tired regulatory script again? Wall Street folks are scared stiff that our DeFi will steal their business.
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MetaverseVagrant
· 01-09 22:47
Coming back with this again? Wall Street has been fighting crypto for so many years and still isn't tired... It's simply outrageous that stablecoin yield is being blocked.
As Senate lawmakers edge closer to a critical vote on crypto market structure legislation, industry insiders are flagging the steep obstacles threatening to derail a deal. With just days before the likely decisive markup, three major fault lines have emerged: Traditional financial players are increasingly vocal against expanded DeFi access, while the banking sector aggressively opposes stablecoin yield mechanisms that could redirect deposits. Meanwhile, Senate negotiations remain deadlocked over how to balance regulatory oversight with market innovation. The tension between Wall Street's risk aversion and the crypto community's push for market freedom could ultimately determine whether this pivotal bill moves forward or stalls. Observers are watching closely—this vote may prove make-or-break for how the sector gets regulated in the near term.