Senate Banking Committee Chairman Tim Scott will hold a hearing on the Crypto Wealth Market Structure Act on January 15. The bill is similar to the House Digital Asset Clarity Act, allocating SEC/CFTC regulatory authority. Disagreements over DeFi, stablecoins, and other issues may hinder its passage. #Crypto
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Senate Banking Committee Chairman Tim Scott will hold a hearing on the Crypto Wealth Market Structure Act on January 15. The bill is similar to the House Digital Asset Clarity Act, allocating SEC/CFTC regulatory authority. Disagreements over DeFi, stablecoins, and other issues may hinder its passage. #Crypto