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U.S. Senate Banking Committee postpones markup of crypto market structure bill… “Bipartisan talks continue”

Source
YM Lee

Summary

  • The U.S. Senate Banking Committee said it has postponed the markup of a crypto market structure bill.
  • Chairman Tim Scott said the decision to delay the markup of digital-asset market structure legislation was made as bipartisan talks continue.
  • Scott said the bill reflects input from innovators and investors and aims to protect consumers, strengthen national security, and build the future of finance in the United States.

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The U.S. Senate Banking Committee has decided to postpone its markup of a crypto market structure bill.

Committee Chairman Tim Scott said in a statement on the 15th (local time) that “as bipartisan negotiations continue, we have decided to postpone the committee markup of legislation on digital-asset market structure.”

Scott explained that he has “been in discussions with the crypto industry, the financial sector, and colleagues on both sides of the aisle, and everyone remains at the table in good faith.” He added that “this bill is the result of months of serious bipartisan negotiations and reflects substantive input from innovators, investors, and law enforcement.”

He also said the goal is “to protect consumers, strengthen national security, and provide clear rules so the future of finance can be built in the United States.”

YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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