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Source: Cointelegraph

US lawmakers in the Senate Banking Committee held a markup for a long-awaited crypto market structure bill, marking a pivotal step toward Congress’ effort to establish regulatory clarity for digital asset companies and markets.

Among those considered at markup included provisions on sandboxes for AI by Sen. Rick Scott and ones on “tokenization loopholes” and money laundering by Sen. Elizabeth Warren, who cited reports that Iran was collecting tolls in crypto for ships using the Strait of Hormuz and otherwise evading sanctions.