US Senate Republicans say market structure bill doesn‘t ‘serve industry interests‘

"The current digital asset market is evolving rapidly, and new regulations are being sought, making the US market structure bill a part of this adjustment. However, as indicated by pushback from the industry, there are concerns over whether the bill meets actual industry needs. Specifically, issues regarding transparency and liquidity are of utmost importance to exchanges and companies handling digital assets. Observing how the bill's specific developments impact the market will be crucial for traders. Risks include the possibility of overregulation, which could lead to decreased liquidity and ultimately negatively affect trading volumes."