Crypto Legislation Deferred to Spring
The market structure bill in the US Senate has been deferred, not dropped..
Senator Cynthia Lummis said the Senate Banking Committee pulled a planned vote due to concerns from banks (like worries about losing deposits) and other issues.
But it's not over. Senate Majority Leader John Thune has promised to reserve floor time later this spring for the bill to move forward.
This means lawmakers will keep working on clearer rules for crypto markets. Progress is delayed, but still coming soon!
$BTC
The market structure bill in the US Senate has been deferred, not dropped..
Senator Cynthia Lummis said the Senate Banking Committee pulled a planned vote due to concerns from banks (like worries about losing deposits) and other issues.
But it's not over. Senate Majority Leader John Thune has promised to reserve floor time later this spring for the bill to move forward.
This means lawmakers will keep working on clearer rules for crypto markets. Progress is delayed, but still coming soon!
$BTC