The latest crypto market structure bill is heading into its crucial Senate hearing this Thursday, with significant regulatory implications still unresolved. Industry stakeholders have been scrambling behind the scenes, and the clock is ticking—crypto leaders need to lodge their formal concerns by 5pm today. The bill has triggered considerable debate within the Web3 community, as key players attempt to influence the final framework before the vote. Several contentious issues remain on the table, and this push towards Thursday's Senate decision could reshape how digital assets are regulated and traded at the federal level.

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