Senate Crypto Regulation Markup Fizzles Over Debate

Getting crypto markets legislation passed in the U.S. is becoming as volatile as crypto markets themselves.

Thursday (Jan. 15) was supposed to be a big day for the digital asset sector. The Senate Banking Committee, which oversees the Securities and Exchange Commission (SEC), and the Senate Agriculture Committee, which oversees the Commodity Futures Trading Commission (CFTC), had set the date for a synchronized markup on two variations of a bill regulating crypto markets in the U.S.

That ended up not happening.

By Wednesday night (Jan. 14), the crypto industry’s legislative momentum had fizzled out over a variety of unresolved issues, raised by both financial services industry groups and crypto groups alike. First, the Agriculture…

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