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Senate Banking Committee postpones vote on crypto market structure legislation amid industry pushback

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1 hour ago

A committee vote on the long-awaited cryptocurrency market structure legislation was postponed on Wednesday night after a late-night policy debate between members and big names in the industry pulling support from the critical CLARITY Act led to a delay.The vote to get the bill passed through the Senate Banking Committee was scheduled for Thursday.Despite the setback, Senate Banking Chairman Tim Scott, R-S.C., remains optimistic that the bill will eventually cross the finish line. Congress’s top banking leader sat down with Fox News Digital before the vote was canceled, saying that the GOP has...

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