Senate to Vote on Crypto Regulation Bill, Aiming to Boost US Leadership

The Senate Banking Committee is set to vote on a digital asset market bill next month, with the goal of accelerating U.S. crypto regulation. The proposed legislation seeks to enhance consumer protection and solidify the US’s position as a leader in the crypto space. This move is expected to impact market structures for prominent cryptocurrencies like Bitcoin and Ethereum. Committee leaders are targeting December for mark-ups, indicating a significant step towards establishing clear regulatory guidelines.