U.S. Senate Banking Committee Develops Crypto Market Structure Bill Principles

According to PANews, the U.S. Senate Banking Committee is working on drafting principles for a crypto market structure bill. This initiative will be a focal point in a subcommittee hearing led by Senator Cynthia Lummis next week. Senator Tim Scott has expressed his intention to hold a full committee hearing within the next month, potentially following the release of the draft for discussion.