Senate Agriculture Committee unveils crypto market structure bill text, but chair says ‘differences remain’
The U.S. Senate Agriculture Committee has released an updated crypto market structure bill, with Chair Sen. John Boozman noting ongoing differences in policy issues. The draft aims to enhance consumer protections and grant new authority to the CFTC. While the previous draft had unresolved sections, the latest version is more streamlined. The committee's hearing is set for January 27, and the bill will need to reconcile with the Senate Banking Committee's version. The crypto industry is closely watching these developments, especially regarding stablecoin regulations and the roles of the CFTC and SEC.