Senator Marshall Withdraws Swipe-Fee Amendment as Senate Crypto Bill Faces Delays

Senator Roger Marshall has withdrawn his contentious swipe-fee amendment, easing tensions within the Senate Agriculture Committee as negotiations over the crypto bill continue. The MOVE signals a strategic retreat to reduce friction points and advance the legislation. A winter storm forced the committee to delay its markup session to February 3, buying time for further bipartisan discussions.

The WHITE House has stepped in to mediate, underscoring the high-stakes nature of the bill. Partisan divisions and looming election risks complicate its path forward, but the amendment's removal clears a key hurdle. Market participants are watching closely, as regulatory clarity could significantly impact crypto assets like BTC, ETH, and SOL.

Behind the scenes, aides are working to refine the bill's language ahead of next week's critical vote. The delay reflects both logistical challenges and the delicate balancing act required to secure broad support. 'This isn't just about swipe fees—it's about shaping the future of digital asset regulation,' one staffer noted privately.