The Senate resumes crypto regulation legislative negotiations; two committees advance plans for review by the end of the month

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【BlockBeats】New developments in cryptocurrency market regulation. According to informed sources, after the Democratic team in the U.S. Senate postponed their first hearing this week, they have resumed dialogue, holding a phone call with industry representatives on January 17, indicating that their legislative push remains firm.

The so-called restart is actually about repairing previous cracks. Last week, the legislation suddenly faced cold reception, and the Senate Banking Committee’s scheduled first review hearing was canceled, leading many to think the matter might be dead. However, from this call, Democrats have not given up. Industry representatives attending the meeting reported that the Senate Agriculture Committee is still striving to complete review hearings by the end of January, although the specific discussion topics are to be kept confidential.

This involves two important committees—the Banking Committee and the Agriculture Committee. Both need to pass their respective versions of the bill. The Banking Committee mainly focuses on securities regulation, while the Agriculture Committee concentrates on commodities futures. A leading compliance platform previously stated clearly that they had objections to the earlier version of the bill and directly said they could not support it. The key now is that Senate Banking Committee Chair Tim Scott has not yet finalized a new hearing schedule. According to current plans, the Agriculture Committee is scheduled to meet on January 27, but industry insiders are also watching to see if this date will be postponed.

The entire process is as follows: each committee passes its version of the bill → merge into a unified bill → submit for a full Senate vote. The premise is that the federal budget debate at the end of this month does not stall legislative progress. Based on current signals, the window remains open; it all depends on how subsequent coordination unfolds.

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PensionDestroyervip
· 9h ago
We're back to arguing. Can we actually make progress this time, or will it just be another delay?
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TokenVelocityvip
· 10h ago
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CryptoGoldminevip
· 10h ago
The two committees are pushing together, and the review is scheduled for the end of the month. This pace suggests that the computing power network is expected to operate stably. The key still depends on whether the banking committee will truly give the green light; ROI is the real indicator.
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LostBetweenChainsvip
· 10h ago
Here we go again, no matter how much we patch and fix, we can't change the fate of regulation.
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