Senators pitch more than 75 amendments for crypto bill, including on yield, DeFi sections
U.S. senators have filed over 75 amendments ahead of this week’s landmark crypto market structure legislation hearing, according to a document detailing the provisions obtained by CoinDesk.
These pitches for changes in the draft bill range from prohibiting stablecoin yields entirely to blocking “public officials from profiting from crypto interests” to modifying how digital asset mixers and tumblers are defined, and they’re being offered by senators from both the Republican and Democrat parties.
The Senate Banking Committee is holding a Thursday markup hearing, where lawmakers will debate amendments, vote on whether to adopt any of them and ultimately vote on whether to advance the underlying bill. A similar hearing from the…
