U.S. Senate Majority Leader John Thune announced that the Senate will not advance the digital asset market structure bill before April. The legislative focus will first be on the "Save America Act," which mandates in-person proof of U.S. citizenship for voter registration. This delay contradicts earlier expectations from an Ohio Senator that the bill would pass by April.
The Senate Agriculture Committee has already advanced its version of the bill, but the Banking Committee has postponed the consolidation process initially scheduled for January. Despite three meetings between the White House and representatives from the crypto and banking sectors, no agreement has been reached as of Thursday, following President Trump's accusations against banks for "holding hostage" the bill.
U.S. Senate Delays Crypto Market Structure Bill Until April
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