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Anti-Trafficking Group Urges U.S. Senate to Tank Crypto Bill
The Senate plans a procedural vote on a cryptocurrency regulation bill that requires 60 votes and aims to clarify federal rules by dividing oversight between the SEC and the CFTC, with bipartisan negotiations expanding the bill to over 600 pages.
Democrats express concerns about an ethics provision in the crypto bill, partly related to President Trump's cryptocurrency earnings, resulting in doubts about securing enough votes to overcome a filibuster.
The Senate expects a test vote on college sports regulation focusing on money involved in name, image, and likeness deals and transfer limits, with bipartisan efforts addressing athlete eligibility.
There is uncertainty about the timing of these legislative actions, with possible delays until the new Congress convenes in January if the bills are not addressed during the current session.