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US Senate is unlikely to vote on crypto bill this year, Lummis says

The bipartisan crypto bill by US Senators Cynthia Lummis and Kirsten Gillibrand is unlikely to go to a vote this year, Lummis said on Tuesday.
According to the lawmaker, the crypto legislation might see a Senate vote in 2023, noting that the bill still has to go through various committees.
She told Bloomberg that crypto bill is “a big topic,” that covers a wide-ranging set of regulatory aspects.
Bill seeks more regulatory clarityThe crypto sector is keenly watching developments across the US regulatory space, with the Lummis-Gillibrand bill seen as a watershed moment for clarity in the regulation of crypto assets, including the highly-spotlighted stablecoin market.
The post US Senate is unlikely to vote on crypto bill this year, Lummis says appeared first on Invezz.

Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by TokenAround.

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