Crypto bill could be delayed as Senate focuses on affordability: Report
The Senate Banking Committee is backing Donald Trump’s move to bar institutions from buying family homes, which could delay the market structure bill, Bloomberg reports.
Update (Jan. 22, 3:00 am UTC): This article has been updated to add further information about the crypto bill and a new draft released on Wednesday.
Crypto market structure legislation could be delayed by several weeks as the Senate Banking Committee shifts its focus to US President Donald Trump’s affordability agenda, Bloomberg reports, citing people familiar with the matter.
On Tuesday, Trump signed an executive order barring Wall Street investors from buying single-family homes.