The U.S. Senate Banking Committee is formulating principles for the crypto market structure bill.

Gate News bot news, Fox News reporter Eleanor Terrett posted on X stating that the Senate Banking Committee is drafting its version of the principles for the Crypto Assets market structure bill – the bill will be the focus of a subcommittee hearing chaired by Senator Cynthia Lummis next week.

Senator Tim Scott revealed yesterday that he hopes to hold a full committee hearing sometime next month (likely after the draft is released).

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