US Senate delays crypto market structure bill until next year
The United States Senate will not hold a markup hearing on the crypto market structure bill this month, postponing any progress towards new crypto legislation until next year. This decision came during a session of the Senate Banking Committee that was expected to take place at the end of the week.
Source Сoindesk
The bill aims to establish regulatory frameworks for overseeing the crypto market and clarifies how federal regulators can supervise the industry. The decision to delay the markup hearing postpones the passage of important regulatory measures for cryptocurrencies.
Discussions and potential legislative progress are anticipated to resume in the coming year, likely impacting the future development of the crypto industry and U.S. regulatory policies.
