**U.S. Senate Moves to Procedural Vote on Crypto Regulation Bill Amid Uncertain Timeline**

The U.S. Senate has initiated procedural votes on the Digital Assets Market Clarity Act, marking significant progress for the legislation. However, the bill faces uncertainty

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CME Challenges SEC Approval of Nasdaq’s Bitcoin Index Options

CME Group has challenged the Securities and Exchange Commission’s conditional approval of Nasdaq’s proposal for bitcoin index options, arguing the contracts fall under the Commodity Futures Trading Commission’s jurisdiction, with the SEC postponing the approval pending a full review.

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