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US crypto market structure bill advances as Senate Agriculture Committee approves legislation
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The US Senate Agriculture Committee has approved its portion of the digital asset market structure legislation, advancing the bill out of committee after weeks of debate over its scope, amendments, and regulatory implications.
Committee vote clears procedural hurdleClearing the Senate Agriculture Committee marks a significant procedural milestone, allowing the legislation to move toward consideration by the full Senate.
While committee approval does not guarantee passage in the Senate, it removes a key bottleneck that has stalled previous efforts to reform the crypto market structure in Congress.
Amendments reshaped the bill during markupAs outlined ahead of the vote, the markup process included first-degree amendments that expanded the bill beyond its original focus on market structure.
Still, Thursday’s vote places comprehensive US crypto market structure legislation closer to enactment than at any point in recent years.