US Senate banking chair eyes vote on crypto market bill next month

U.S. Senate Banking Chair Tim Scott said Tuesday that he aims to have the committee vote on the crypto market structure bill next month.

“By the end of this year, next month, we believe we can mark up and vote in both committees and get this to the floor of the Senate early next year so that President Trump will sign the legislation,” Scott said Tuesday on Fox Business’ Mornings with Maria.

The market structure legislation requires approval from both the Senate Banking and Agriculture committees, as it deals with both securities and commodities regulations.

Scott said the legislation would protect consumers while helping cement America’s dominance as the world’s most powerful economy for the next century. The Republican senator…

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