Senate Agriculture Committee Advances Crypto Market Structure Bill Along Party Lines
The U.S. Senate Agriculture Committee passed the crypto market Structure Bill in a 12-11 vote, with zero Democratic support. The legislation now moves to the Senate Banking Committee for further approval.
Committee Chairman John Boozman confirmed the bill's advancement after a contentious markup session. Republicans pushed through amendments while Democrats urged bipartisan collaboration—to no avail.
The Senate Banking Committee had previously postponed its own hearing on similar legislation. This week's markup was strategically timed to build Republican consensus, though partisan divisions remain stark.