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Senate Crypto Bill Delayed As Snow Halts Committee Markup

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Senate Crypto Bill Delayed As Snow Halts Committee Markup
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A significant step in U.S. crypto regulation has been postponed because to the harsh winter weather in Washington, D.C. Legislators were supposed to alter and vote on a significant cryptocurrency measure during a planned Senate Agriculture Committee meeting, but it has been postponed.

The law would give the Commodities Futures Trading Commission (CFTC) more control over digital assets. A new date for the meeting has been set for later this week.

If approved, this would be the first time the Senate openly advances comprehensive crypto law. The division of regulatory authority between the Securities and Exchange Commission (SEC) and the CFTC is quite visible and in view of this, the progress seems unstable.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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