The Senate Agriculture Committee has released updated crypto market structure legislation and scheduled a markup for January 27 despite failing to secure Democratic backing, marking a potential shift toward partisan passage after months of bipartisan negotiations stalled.
Chairman John Boozman announced the legislative text yesterday, acknowledging that “differences remain on fundamental policy issues” while expressing gratitude for collaboration with Senator Cory Booker.
“Although it’s unfortunate that we couldn’t reach an agreement, I am grateful for the collaboration that has made this legislation better,” Boozman said, noting the markup will proceed at 3 p.m. in the Russell Senate Office Building.