Source: CryptoBriefing
Original Title: Senate Agriculture and Banking Committees to hold markup on digital asset legislation on January 15
Original Link:
Overview
Two Senate committees plan markup hearings on January 15 to advance sweeping digital asset legislation. The focus of the hearing is to debate and advance legislation targeting crypto market structure.
Key Details
The US Senate Agriculture and Banking Committees will both hold January 15 markups on crypto market structure legislation that aims to clarify regulatory frameworks for digital assets, defining roles for both the CFTC and SEC.
If approved by both committees, the bills would be reconciled and coordinated with the House-passed CLARITY Act before heading to the President.
Additional Discussions
Lawmakers are also expected to debate regulatory conflicts of interest and rules for yield-bearing stablecoins, which banks oppose due to fears of losing deposits.
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ProofOfNothing
· 01-08 16:01
Coming back to push for legislation? Will this time truly make progress, or will we have to wait until the Year of the Monkey and the Year of the Horse again?
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GasGoblin
· 01-08 03:50
It sounds like there's finally some movement, but it's still hard to say what these two committees can come up with...
View OriginalReply0
consensus_failure
· 01-08 03:50
Oh no, there's finally some movement. Can anything really be pushed forward on January 15th?
View OriginalReply0
GasFeeBeggar
· 01-08 03:46
Finally, someone is taking action? But it's another hearing; it might be a long time before the bill actually passes.
View OriginalReply0
TrustMeBro
· 01-08 03:32
Another hearing? Can't you really come up with something useful this time, instead of a bunch of empty words again?
Senate Agriculture and Banking Committees to Hold Markup on Digital Asset Legislation on January 15
Source: CryptoBriefing Original Title: Senate Agriculture and Banking Committees to hold markup on digital asset legislation on January 15 Original Link:
Overview
Two Senate committees plan markup hearings on January 15 to advance sweeping digital asset legislation. The focus of the hearing is to debate and advance legislation targeting crypto market structure.
Key Details
The US Senate Agriculture and Banking Committees will both hold January 15 markups on crypto market structure legislation that aims to clarify regulatory frameworks for digital assets, defining roles for both the CFTC and SEC.
If approved by both committees, the bills would be reconciled and coordinated with the House-passed CLARITY Act before heading to the President.
Additional Discussions
Lawmakers are also expected to debate regulatory conflicts of interest and rules for yield-bearing stablecoins, which banks oppose due to fears of losing deposits.