Senator Cynthia Lummis has renewed her call for clear cryptocurrency regulations in the United States as the Senate Banking Committee prepares to advance a long-awaited market structure bill. The committee has confirmed a hearing on the bill for January 15, with Chairman Tim Scott stating that they have been engaged in bipartisan discussions for months and are ready to move forward. The bill, known as the Digital Asset Market Clarification Act of 2025, aims to provide regulatory clarity for the crypto industry.
The upcoming hearing is a significant step towards establishing a clear regulatory framework for digital assets. With managers' amendments due on January 12 and member amendments due by January 13, the committee is working to finalize the bill's language. The legislation is expected to clarify the Commodity Futures Trading Commission's (CFTC) authority over digital asset commodities, providing much-needed clarity for the industry.
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