The Digital Commodity Intermediaries Act, crypto market infrastructure legislation, advanced out of the Senate Committee on Agriculture, Nutrition, and Forestry today. Chairman of the Committee, John Boozman, called the approval a critical step towards providing clarity in the digital asset ecosystem. The Senate Ag Committee must work with the Senate Banking Committee to advance legislation to a floor vote. The Senate Banking Committee paused its debate amid disagreements between the banking and crypto industries, largely over whether stablecoin holders can earn a yield. “A summary of the Senate Ag Committee legislation is available below.