Crypto Leaders Want Talks as Senate Delays Crypto Bill Markup

The Senate Banking Committee postponed its markup of digital asset market structure legislation after cryptocurrency exchange Coinbase withdrew its support for the draft.

The markup had been scheduled for Thursday (Jan. 15).

Senate Banking Committee Chairman Tim Scott of South Carolina announced the pause in a Wednesday (Jan. 14) press release, saying bipartisan negotiations would continue and leaders from the crypto industry, the financial sector and senators from both parties were “at the table working in good faith.”

In a Wednesday post on social platform X, Scott said: “As we take a brief pause before moving to a markup, this market structure bill reflects months of serious bipartisan negotiations and real input from…

Source link