TechFlow reported on January 21 that, according to Crypto in America, the Senate Agriculture Committee is expected to release the latest text of its cryptocurrency market structure bill today, preparing for the rescheduled markup session next Tuesday. Key focuses of the bill include the definition of "digital commodities," token classification criteria, and CFTC oversight of funds. Meanwhile, the related bill from the Banking Committee has stalled after Coinbase unexpectedly withdrew its support, with CEO Brian Armstrong currently negotiating stablecoin yield issues with banking executives at Davos. President Trump stated in his Davos speech that he hopes to sign the cryptocurrency market structure legislation currently being developed by Congress as soon as possible, opening new pathways to financial freedom for Americans.
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