Market players are watching closely as lawmakers pump the brakes on a pivotal piece of crypto legislation. The Senate Banking Committee has pushed back discussions on what could reshape the regulatory landscape for digital assets—and timing-wise, it comes right after a major exchange signaled it's stepping back from backing the current draft. The shifting dynamics suggest the bill still has a long way to go before hitting the finish line, with industry players and policymakers clearly still working through what the final framework should actually look like.