Crypto exchanges pushed US lawmakers to bar provision on risky tokens: Report
Burns Brief
Three companies reportedly pressed US senators for changes to a crypto bill, removing language that would require them to offer trading on tokens “not readily susceptible to manipulation The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Three companies reportedly pressed US senators for changes to a crypto bill, removing language that would require them to offer trading on tokens “not readily susceptible to manipulation.”
Key Takeaways
- Three companies reportedly pressed US senators for changes to a crypto bill, removing language that would require them to offer trading on tokens “not readily susceptible to manipulation