LIVE: Crypto bill reaches U.S. Senate milestone as lawmakers mull changes on way to vote
The Senate Agriculture Committee held a markup hearing on crypto market structure legislation to debate and vote on amendments.Summary
The U.S. Senate Agriculture Committee convened its first markup hearing for crypto market structure legislation, allowing lawmakers to debate and potentially vote on amendments to the text published the previous week. Committee Chairman John Boozman acknowledged that fundamental policy differences remained, preventing a full agreement on the published text. Senator Cory Booker, leading Democrat negotiations, stated they were close to an agreement on key issues, comparing progress to reaching the "red zone" in football, though concerns remained regarding U.S. President Donald Trump's family crypto ties and agency quorum agreements. Both leaders expressed optimism about advancing the bill, with Boozman emphasizing the need for coordination to ensure the CFTC is fully constituted and funded.
(Source：CoinDesk)