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The U.S. Senate may advance the review of the Digital Asset Market Structure bill in January
The Senate Banking Committee is expected to consider the Digital Asset Market Structure Bill in the second week of January, the advancement of which has been delayed by Democratic lawmakers' concerns about decentralized finance and the longest government shutdown in U.S. history.
Cody Carbone, CEO of digital asset advocacy group The Digital Chamber, said the Senate will conduct at least one review of market structure legislation in the second week of January.
The bill passed the U.S. House of Representatives in July and is expected to give the Commodity Futures Trading Commission (CFTC) more power to regulate digital assets. Early drafts of the Senate bill show that the CFTC and the Securities and Exchange Commission (SEC) will have more cooperation in cryptocurrency regulation. [Odaily星球日报]
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