Cryptocurrency industry leaders, US lawmakers, and experts are discussing a digital asset market structure bill set for markup in the Senate Banking Committee. Republicans released a “myth vs. fact” sheet on the bill, emphasizing investor protection. Galaxy Digital expressed concerns about government surveillance powers expanding. Amendments to the bill may address stablecoin rewards. Coinbase may withdraw support without changes. The Thursday markup will determine the bill’s fate.
Senate Agriculture Committee to review market structure bill with a markup on Jan. 27. Both committees will address regulation and enforcement by US financial agencies like the SEC and CFTC. Discussions continue on various aspects of the bill. Cointelegraph remains committed to independent, transparent journalism.
Read more at Cointelegraph: Market Structure Bill Doesn‘t ‘Serve Industry Interests‘
