Amid US gov’t shutdown, lawmakers work to pass market structure: Report

Senate Republicans, including key committee leaders, are reportedly working to advance a digital asset market structure bill by the end of the year, adhering to their initial timeline despite the ongoing US government shutdown. Senator John Boozman, chair of the Senate Agriculture Committee, indicated negotiations with Democrats for a bipartisan bill are nearing completion, with a plan to pass it before 2026. This legislative effort builds upon the CLARITY Act passed by the House and aims to create the Responsible Financial Innovation Act in the Senate. The push comes after Coinbase CEO Brian Armstrong visited Washington, noting that the Senate had agreed on about 90% of the crypto legislation's issues, although some committee deadlines have already been missed or are unlikely to be met during the shutdown.

(Source：Cointelegraph)