Source: Coinomedia
Original Title: Senate Delays Crypto Market Bill to Late January
Original Link:
Bipartisan Talks Push Back Crypto Legislation
The US Senate Agriculture Committee has delayed its markup of a key crypto market structure bill until the final week of January. This legislation, which aims to establish clear guidelines for regulating digital assets, was expected to move forward this week. However, the committee announced it needs more time to ensure bipartisan support.
The delay reflects the complexity of crafting rules for a fast-evolving crypto industry while balancing political priorities. Lawmakers on both sides of the aisle are keen to avoid rushed decisions that could lead to regulatory confusion or stifle innovation in the U.S. digital asset space.
Why the Delay Matters for the Crypto Industry
The crypto market structure bill is seen as a crucial step toward providing legal clarity on how cryptocurrencies and related products are treated under U.S. law. It aims to define the roles of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), two agencies that currently overlap on crypto oversight.
By delaying the markup, Senate leaders signal that they are serious about passing a well-structured, durable bill that can gain broad political backing. This could improve investor confidence and potentially attract more institutional players to the space, especially if the bill delivers clear guidance on trading, custody, and compliance.
The crypto industry has long advocated for regulatory clarity. While the delay may be frustrating to some, it could lead to stronger, more coherent legislation that supports long-term growth and innovation.
Looking Ahead
The new markup is expected to take place in the last week of January. Industry stakeholders and crypto policy watchers will be paying close attention as bipartisan negotiations continue. The outcome could shape the future of digital asset regulation in the U.S. for years to come.
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Senate Delays Crypto Market Bill to Late January
Source: Coinomedia Original Title: Senate Delays Crypto Market Bill to Late January Original Link:
Bipartisan Talks Push Back Crypto Legislation
The US Senate Agriculture Committee has delayed its markup of a key crypto market structure bill until the final week of January. This legislation, which aims to establish clear guidelines for regulating digital assets, was expected to move forward this week. However, the committee announced it needs more time to ensure bipartisan support.
The delay reflects the complexity of crafting rules for a fast-evolving crypto industry while balancing political priorities. Lawmakers on both sides of the aisle are keen to avoid rushed decisions that could lead to regulatory confusion or stifle innovation in the U.S. digital asset space.
Why the Delay Matters for the Crypto Industry
The crypto market structure bill is seen as a crucial step toward providing legal clarity on how cryptocurrencies and related products are treated under U.S. law. It aims to define the roles of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), two agencies that currently overlap on crypto oversight.
By delaying the markup, Senate leaders signal that they are serious about passing a well-structured, durable bill that can gain broad political backing. This could improve investor confidence and potentially attract more institutional players to the space, especially if the bill delivers clear guidance on trading, custody, and compliance.
The crypto industry has long advocated for regulatory clarity. While the delay may be frustrating to some, it could lead to stronger, more coherent legislation that supports long-term growth and innovation.
Looking Ahead
The new markup is expected to take place in the last week of January. Industry stakeholders and crypto policy watchers will be paying close attention as bipartisan negotiations continue. The outcome could shape the future of digital asset regulation in the U.S. for years to come.