The US Congress has taken new steps in cryptocurrency regulation. The Senate Banking Committee and the Agriculture Committee both scheduled votes on January 15th to decide on legislation regarding the structure of the cryptocurrency market. These are not sudden proposals—over the past year, multiple rounds of negotiations and consultations have taken place, and now they are finally moving to the voting stage, indicating that substantial progress has been made on this legislation. This move reflects the increasing importance placed on regulating the structure of the crypto market by regulators, and the simultaneous efforts of both committees also suggest that the issue has gained broader recognition.
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The US Congress has taken new steps in cryptocurrency regulation. The Senate Banking Committee and the Agriculture Committee both scheduled votes on January 15th to decide on legislation regarding the structure of the cryptocurrency market. These are not sudden proposals—over the past year, multiple rounds of negotiations and consultations have taken place, and now they are finally moving to the voting stage, indicating that substantial progress has been made on this legislation. This move reflects the increasing importance placed on regulating the structure of the crypto market by regulators, and the simultaneous efforts of both committees also suggest that the issue has gained broader recognition.