Senate Crypto Bill on Hold Amid New Housing Focus

A major crypto market bill could reportedly be delayed for weeks in the U.S. Senate.

The holdup stems from a shift in focus among lawmakers on the Senate Banking Committee to housing affordability legislation, Bloomberg News reported Wednesday (Jan. 21), citing sources familiar with the matter.

The legislation had already been delayed last week, but consideration of the bill will likely now be pushed back to late February or March, sources told Bloomberg.

The delay comes as the Trump administration is pushing to prohibit large institutional investors from purchasing single family homes.

According to one of the sources, lawmakers are looking into legislation to support that effort. Bloomberg notes that these investors own just a…

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