‼️ #CRYPTO EXCHANGES PUSHED TO REMOVE CLARITY ACT'S "RISKY $TOKEN RULES"
A new report says Coinbase, #Kraken and #Gemini pushed lawmakers to remove language from a #crypto bill targeting risky token listings. The rule would have forced exchanges to only list tokens that are “not readily susceptible to manipulation.”
Exchanges reportedly worried this would make it harder to list smaller #crypto #crypto Coinbase’s policy chief later called the report “old news,” saying the issue was already part of the Senate Agriculture markup