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U.S. Congress Races to Finalize Crypto Regulations Amid Enforcement Cutbacks

  • U.S. Congress is working to finalize crypto regulations amid enforcement cutbacks.
  • The House Financial Services Committee discussed upcoming legislation to regulate digital assets.
  • Two key bills focusing on stablecoin issuers and digital market structures are being considered.
  • Concerns were raised about the Department of Justice dissolving its crypto litigation team and SEC retreating from some crypto cases.

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