Senate Banking Committee Delays Crypto Regulation Bill to Prioritize Housing Affordability
The Senate Banking Committee has postponed discussions on cryptocurrency regulation, shifting focus to housing affordability measures. This marks the second delay in recent weeks, with the crypto bill now expected to be revisited in late February or early March 2023.
Committee members are currently occupied with hearings addressing consumer cost-of-living pressures. The postponement reflects the dual mandate of the Banking Committee, which oversees both financial markets and housing policy.
Market participants face continued regulatory uncertainty as digital asset legislation remains in limbo. The delay provides additional time for staff analysis but extends the period of operational ambiguity for crypto businesses.