The Senate Agriculture Committee voted along party lines Thursday to advance a landmark cryptocurrency bill, sending the measure to the Senate floor without bipartisan backing.
The committee voted 12-11 to advance so-called crypto market structure legislation, which would create new rules governing how digital tokens are regulated. The bill that the Ag panel approved Thursday, which would grant new crypto regulatory authority to the Commodity Futures Trading Commission, would need to eventually be merged with a second part of the bill dealing with the Securities and Exchange Commission that falls under the Senate Banking Committee’s…
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