U.S. Senate Committee May Further Delay Cryptocurrency Bill Deliberations

As reported by Bloomberg on January 22, the U.S. Senate Banking Committee is set to delay the deliberation of the cryptocurrency market structure bill for at least a few weeks, shifting focus to housing-related legislation that supports President Trump's policy to enhance home purchasing possibilities.

Sources indicate that the committee is likely to postpone the deliberation of the cryptocurrency market structure bill until the end of February or March.

While the Trump administration and senior officials prioritize cryptocurrency, housing remains the largest monthly expenditure for Americans and a major driver of inflation.

Cost concerns are widely regarded as a political liability, and this backdrop includes the Republican Party's defeat in several key elections last year. According to sources, legislators...