TechFlow reported on January 17 that, according to CoinDesk, Senate Democrats resumed negotiations with crypto industry representatives on Friday regarding the next steps for the crypto market structure bill. The initial vote previously scheduled for Thursday at the Banking Committee was postponed, but the Agriculture Committee vote is still planned for January 27. Major crypto exchanges including Coinbase have stated they cannot support the current draft of the bill, calling it "unworkable." The legislation must be separately approved by both the Banking and Agriculture Committees before being merged and submitted to a full Senate vote. Despite challenges, this remains one of the few bipartisan projects showing willingness to cooperate.
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