House Ag Committee Advances Market Structure Bill, Other Crypto Actions Pending
The House Agriculture Committee sent a major bipartisan message with a 47-6 advancement of the U.S. crypto market structure bill on Tuesday, marking the first of several expected developments in the advancement of digital assets legislation expected this week.
A second congressional panel, the House Financial Services Committee, was also hashing out some of the final details on Tuesday on the bill to set up digital assets market oversight, and at the same time, the Senate’s legislation to regulate stablecoin issuers was rolling toward a final vote.
This year’s effort to finally set the U.S. stage for crypto trading, known as the Digital Asset Market Clarity Act, was the focus of markups — special hearings in which congressional panels…
