US Crypto Regulation Reaches Crucial Phase
The U.S. Congress is intensifying efforts to shape the future of digital asset oversight. The Senate Committee on Agriculture has rescheduled its pivotal hearing on the proposed crypto market structure bill to January 27 at 3 PM, marking a significant milestone in the legislative journey.
Originally planned for January 15, the session was postponed and later confirmed this week. This hearing will allow lawmakers to review the full draft, debate proposed amendments, and vote on their inclusion—critical steps before the bill advances to the full Senate.
Twin Tracks: Dual Committees Driving Reform
- The Agriculture panel focuses on crypto as commodities, emphasizing futures and derivatives oversight
- The Banking Committee zeroes in on securities-like tokens and investor protection
- While differing in scope, both initiatives aim to establish clear regulatory boundaries
The Banking Committee released its draft just before its own hearing, with multiple amendments expected prior to formal discussion. This parallel approach signals growing urgency in Washington to address the rapidly evolving digital finance landscape.
Experts suggest that alignment between the two committees could pave the way for a bipartisan framework, potentially positioning the U.S. as a global leader in crypto governance.