Lawmakers work to pass crypto market structure bill amid US government shutdown: Report
With the end of October approaching, Senate Republicans are in danger of going back on their previously announced deadline for a significant cryptocurrency bill.
Many US senators are reportedly moving to advance a bill for crypto market structure rules amid a government shutdown with no end in sight.
According to a Bloomberg report published on Thursday, several Republicans in the Senate, including those with leadership positions on key committees, plan to pass legislation on digital asset market structure by the end of the year, in line with their initially announced timeline.
Despite thousands of government employees being furloughed across several agencies amid the shutdown, members of Congress continue to receive their paychecks and are permitted to conduct business in the House of Representatives and the Senate.