Severe Cold Wave Delays U.S. Senate Agriculture Committee Vote on Cryptocurrency Bill, Bipartisan Agreement Uncertain

On the 26th, the U.S. Senate Agriculture Committee announced the postponement of the scheduled Tuesday vote on the cryptocurrency market structure bill to Thursday, due to a severe cold wave in Washington D.C. A notice released on Monday morning stated that the decision was made to accommodate the delayed travel of members due to adverse weather conditions. This vote represents the Senate's first move to amend and decide on a cryptocurrency bill. Concurrent efforts by the Senate Banking Committee have faced setbacks. The Agriculture Committee oversees the Commodity Futures Trading Commission (CFTC), while the Banking Committee supervises the Securities and Exchange Commission (SEC). Related: Winter storm causes major shutdown of U.S. Bitcoin miners Foundry USA...