U.S. Senate Agriculture Committee Postpones Crypto Market Structure Bill Hearing to January 27

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The U.S. Senate Agriculture Committee has postponed its hearing on the cryptocurrency market structure bill to January 27, moving it back from January 15. The bill's text will be released on January 21, with the delay intended to enhance transparency and allow more time for review. Committee Chair John Boozman stated that the bill will support innovation in the crypto market and ensure consumer protection. The Senate Banking Committee will begin reviewing its version of the bill this week. Key areas in the Agriculture Committee's draft include ethical guidelines and the structure of regulatory agencies. Traders are advised to keep a close watch on altcoins as regulatory developments continue to unfold.

Odaily Planet News: The U.S. Senate Committee on Agriculture has announced that its originally scheduled hearing on the cryptocurrency market structure bill, set for January 15, has been postponed. The bill text will be released on January 21, followed by a markup hearing on January 27. The committee stated that this adjustment aims to ensure transparency in the legislative process and provide members with more sufficient time for review.

John Boozman, the chairman of the Senate Agriculture Committee, stated that the bill would provide clarity and certainty for the cryptocurrency market, supporting American innovation while protecting consumers. Meanwhile, the Senate Banking Committee will hold a separate hearing this week on its version of the cryptocurrency market structure bill. The formal text of the Agriculture Committee's version has not yet been released, and ongoing points of contention include ethical provisions and the composition of regulatory agency commissioners. (CoinDesk)

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