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Fragile Bipartisan Momentum in Crypto Regulation as 71 Democrats Join Republicans to Challenge SEC Guidelines

Fragile Bipartisan Momentum in Crypto Regulation as 71 Democrats Join Republicans to Challenge SEC Guidelines

In a notable display of bipartisan cooperation, 71 Democrats allied with their Republican counterparts in a significant move to overturn the SEC's recently established SAB-121 guidelines. This collaboration underscores the delicate nature of support for cryptocurrency regulation among lawmakers, highlighting the challenges ahead in achieving a unified approach.