Senate Agriculture panel delays market structure hearing to Thursday after winter storm
Summary
The Senate Agriculture Committee has rescheduled the markup hearing for its cryptocurrency market structure bill from Tuesday to Thursday morning at 10:30 a.m. ET, citing the impact of a major winter storm on the East Coast and the Senate's schedule. This hearing is crucial as it involves debating and voting on the bill, which aims to define the Commodity Futures Trading Commission's oversight of crypto markets. The delay also comes as the Senate manages government funding votes. The expected hearing is anticipated to be contentious, as Committee Chair John Boozman and Senator Cory Booker have not reached an agreement on the text due to "fundamental differences in policy," evidenced by Democratic amendments proposed on Friday concerning ethics commitments and bipartisan commissions for regulatory agencies.
(Source:CoinDesk)