Senate Banking and Agriculture committees expected to vote on crypto market structure bill next month
Senate committees plan to vote on digital asset market structure legislation next month to boost US crypto leadership.Summary
The Senate Banking Committee, led by Chairman Tim Scott, expects to mark up and vote on digital asset market structure legislation next month. Scott stated the goal is to have the bill ready for President Trump to sign early next year, positioning the US as the "crypto capital of the world." This legislation involves coordination between the Banking Committee's focus on securities and market structure, and the Agriculture Committee's draft bill, which defines digital commodities and expands the CFTC's regulatory authority. Before a full Senate vote, these separate bills must be reconciled. If passed by the Senate, the measure will proceed to the House, which may incorporate elements from its previously passed CLARITY Act.
(Source：Crypto Briefing)