The U.S. Senate Agriculture Committee passed and advanced the Crypto Asset Market Structure Act with a partisan vote of 12–11 on January 30, marking the first time that the legislation has completed the committee stage at the Senate level and entered the next process. However, the bill still needs to be passed by the Senate Banking Committee and gain enough Democratic support in the overall Senate vote. Democratic lawmakers opposed the Republican Party's push forward without bipartisan consensus, but both sides still said they could continue negotiations through amendments in subsequent proceedings. (CoinDesk)
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The U.S. Senate Agriculture Committee passed and advanced the Crypto Asset Market Structure Act with a partisan vote of 12–11 on January 30, marking the first time that the legislation has completed the committee stage at the Senate level and entered the next process. However, the bill still needs to be passed by the Senate Banking Committee and gain enough Democratic support in the overall Senate vote. Democratic lawmakers opposed the Republican Party's push forward without bipartisan consensus, but both sides still said they could continue negotiations through amendments in subsequent proceedings. (CoinDesk)