Crypto exchanges pushed US lawmakers to bar provision on risky tokens: Report
60-second summary
Crypto exchanges are reportedly pushing US lawmakers to bar a provision in a crypto bill that would require them to offer trading on tokens "not readily susceptible to manipulation." Three companies have allegedly pressed US senators for changes, citing concerns over regulatory hurdles and market access. This move may ease listing requirements for high-risk tokens, potentially benefiting exchanges and investors.
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.”