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BREAKING: The US Senate does not plan to address legislation on the structure of digital asset markets before April, according to statements by Majority Leader John Thune. The decision comes amid disagreements over key aspects of the bill and as the chamber prioritizes other votes, including the SAVE America Act.
John Thune said the Senate will prioritize the SAVE America Act before addressing the structure of the crypto market.
The bill, known as the CLARITY Act in the House, seeks to expand the CFTC's role in overseeing digital assets.
The Senate also passed an amendment to prevent the Federal Reserve from issuing a CBDC until December 2030.