Crypto legislation faces another hurdle: Labor unions
CNBC Television·2026-05-12 19:30
The crypto industry, they're only days away from seeing their top legislative priority, this market structure bill, get its first vote in a Senate panel. But, this bill is facing some heavy opposition. CNBC got that exclusive first look at concerns raised by the head of major labor unions.The AFL-CIO, SEIU, NEA, AFT, others, they all warned senators that backing a rules of the road bill for digital assets could legitimize crypto and as a result add volatility to workers' retirement savings as well as pensio ...