Senate draft may shield crypto developers but could lack Democratic backing

The U.S. Senate Agriculture Committee's next market-structure draft is expected to shield developers from liability, insiders have been advised.

Those insiders say the draft is likely pro-crypto and would provide protections for developers against certain legal claims.

However, the same sources warned the draft may move forward without Democratic backing, and it remains unclear whether Democrats will support the measure.

Key Topics

Crypto, Senate Agriculture Committee, Crypto Developers, Market Structure, Liability Shield, Democratic Party