Market Structure
Senate agriculture committee eyes GOP-only crypto market structure draft
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The U.S. Senate Agriculture Committee, led by Chair Boozman, is preparing to release a Republican-only draft for cryptocurrency market structure legislation. Insiders anticipate the draft will protect developers from liability, but concerns mount over potential lack of Democratic support. A committee spokesperson highlighted appreciation for bipartisan compromise efforts.
Lawmakers in the US Congress introduced a new bill on Thursday aimed at shielding crypto software developers from criminal prosecution. The legislation focuses on decentralized finance (DeFi) and raises questions about the status of a broader crypto market structure bill. This development comes amid ongoing debates over cryptocurrency regulation.