U.S. Senate Advances Crypto Market Structure Bill – What’s Next?
The U.S. Senate Agriculture Committee voted by a narrow margin to advance its own proposal of the long-awaited crypto market structure bill, bringing the overall CLARITY Act process a step further toward a full Senate test.
After a markup session that lasted a little more than an hour, the committee voted on the bill, 12–11, in a party-line vote.
The amendments put forward were all voted down, mostly along partisan lines.
The bill is intended to shift the U.S. crypto regulations from an enforcement-first model to more explicit statutory guidelines.
It would have the Commodity Futures Trading Commission with primary supervision over digital commodity spot markets of digital commodities like Bitcoin and Ethereum, but…
