The U.S. Senate Banking Committee, led by Chair Tim Scott, plans to hold a revision hearing for a comprehensive cryptocurrency regulation bill on January 15. Despite uncertain bipartisan support, Scott is determined to advance the bill, which aims to establish a clear regulatory framework for the cryptocurrency industry. The committee has been working on the draft for over six months, and Scott emphasized the importance of making the process public and proceeding with a vote. However, insiders indicate that the bill may still lack sufficient backing from both parties.
U.S. Senate to Review Cryptocurrency Regulation Bill on January 15
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