US Lawmakers Remain Divided on Crypto Market Structure Bill Despite Revised Draft
Senator John Boozman (R-AR) revealed persistent disagreements between Democrats and Republicans on key policy aspects of proposed cryptocurrency market structure legislation. The stalemate persists despite a revised draft bill released by Republicans ahead of a scheduled January 27 markup session.
The legislation aims to establish comprehensive regulatory frameworks for digital asset markets under joint SEC and CFTC oversight. "While we've incorporated stakeholder feedback and built upon our bipartisan foundation, core disagreements remain," Boozman stated, acknowledging the impasse while expressing Optimism about advancing the proposal.
Industry observers note the bill's progress reflects growing institutional recognition of cryptocurrency markets, though political divisions continue to hinder consensus. The outcome could significantly impact regulatory clarity for market participants across the evolving digital asset landscape.