Senate Committee Proposes Crypto Regulation Bill

The Senate Agriculture Committee has released a discussion draft of a bill focusing on digital commodities, aiming to clarify the CFTCs oversight of the crypto market. This draft, while significant, has undecided points and requires substantial work before moving forward. The crypto industry has welcomed the release, hoping for robust protections and clear distinctions in the final bill. The path to passing this bill is uncertain, with any floor vote likely in the next legislative session.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.