Senators appear divided on how to regulate crypto ...Middle East

Senators agree on the need for comprehensive crypto regulation, but they don’t appear to have a clear pathway to bipartisan legislation.  At a Senate Banking Hearing on Tuesday, Democrats expressed doubt about the value of crypto, while Republicans pushed for a more industry-friendly regulatory environment that encourages crypto firms to set up shop in the U.S.  Partisan differences over how to regulate crypto reduce the chance that Congress will pass a comprehensive bill anytime soon, despite the high-profile collapse of FTX and numerous other crypto firms that weren’t subject to major consumer protection and financial transparency rules. Sen. Sherrod Brown (D-Ohio), the committ

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