US market structure bill faces weeks of delay as focus shifts to housing: Bloomberg

The US crypto market structure bill is expected to face several weeks of delay because key members of the Senate Banking Committee are shifting their focus to housing legislation, specifically implementing President Donald Trump's initiative to restrict large institutional investors from buying single-family homes. This delay could push the crypto bill's markup hearing until late February or March. Adding complexity, Coinbase recently withdrew support for the draft bill text due to concerns over language limiting stablecoin yield. Despite the setback, the delay offers crypto companies more time to build consensus. Meanwhile, the Senate Agriculture Committee released its own version of the market structure legislation, noting a lack of agreement on fundamental policy issues between the two committee drafts, which must eventually be merged for a Senate vote requiring a 60-vote threshold.

(Source：The Block)