Crypto journalist: If all parties can reach an agreement on the "revenue" clause in the coming days, the crypto framework bill still has a chance to move forward.
PANews, January 16 — According to reporter Eleanor Terrett, after the U.S. Senate Banking Committee postponed the review of the crypto market structure bill for nearly 24 hours, stakeholders are assessing the next steps. Multiple sources indicate that if banks, a certain exchange, and the Democratic side can reach an agreement on the "yield" provision in the coming days, the bill is still "likely" to move forward.
Regarding the section of the bill involving tokenized securities, some tokenization companies believe that the objections raised by a certain exchange are taken out of context, while stakeholders including Brian Armstrong have stated that they hope to see significant revisions or the complete removal of this provision. In addition, ethical controversy issues related to the bill are still under discussion, and relevant dialogues between the White House and the Senate are reportedly ongoing. According to sources, the Banking Committee's postponement does not necessarily affect the review process of the Agriculture Committee. If the Agriculture Committee can reach a strong bipartisan agreement, it will make the Senate Banking Committee's review process smoother.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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