Senate Voting Sessions Canceled, Crypto Market Bill Delayed Again
- The Senate canceled its voting sessions for Monday due to a severe snowstorm in the US.
- Voting is now expected to resume on Tuesday, potentially later in the day.
- The crypto market bill’s markup process remains uncertain, with no new announcements from committee spokespeople.
- Previous delays were attributed to the need for bipartisan support before moving forward.
- Amendments were added to the draft earlier this week, including a Competition Act affecting card networks.
The anticipated markup session was intended to progress before a potential government shutdown, as indicated by ongoing bipartisan discussions led by Banking Committee Chairman Tim Scott.
With no set date for the next hearing and delays mounting, the crypto market bill’s future remains uncertain after previous hopes for swift advancement were raised. (Source)
