Chairman John Boozman of the U.S. Senate Agriculture Committee recently announced that the cryptocurrency market structure bill, originally scheduled for joint review with the Senate Banking Committee this Thursday, will be postponed. The new review is set for the last week of January.

This adjustment means that the regulatory legislation of concern to the crypto industry will be pushed back further. The market has been waiting for progress on this bill — it relates to the future regulatory framework of the U.S. cryptocurrency market, involving multiple dimensions such as market structure, trading regulations, and derivatives oversight. From the joint review by the Agriculture and Banking Committees, it’s clear that this legislation is receiving significant attention.

The delay until the end of January provides at least a two-week buffer period, during which other policy developments may also occur. For practitioners and investors, this period is an opportunity to follow other committee statements and understand potential policy directions.