Bipartisan Support Grows for Crypto Market Structure Bill
- Senators Roger Marshall and Dick Durbin will not raise key issues during the upcoming markup of the crypto market bill.
- The markup session has been rescheduled from January 27 to January 29 due to a snowstorm.
- Marshall previously proposed an amendment on credit card swipe fees but has agreed to withdraw it after negotiations.
- Other unresolved amendments include antifraud regulations for crypto ATMs and prohibitions on bailouts for crypto issuers.
- The Senate Agriculture Committee aims to finalize the bill before a potential government shutdown on January 31.
The bipartisan agreement among key senators indicates progress in advancing the crypto market structure bill, which is crucial given impending deadlines related to government funding and regulatory clarity in the sector.
With the markup session now set for January 29, stakeholders are hopeful that resolving outstanding amendments will facilitate smoother passage of this significant legislation. (Source)
