Senate Banking Committee postpones vote on crypto market structure bill
By ABA Banking Journal Staff
AI Summary
• Senate Banking Committee Chairman Tim Scott delayed a vote on cryptocurrency market structure legislation.
• Over 10,000 bankers have sent letters to Congress calling for the bill to close the payment of interest loophole.
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Original Content
Senate Banking Committee Chairman Tim Scott (R-S.C.) delayed a scheduled committee vote on cryptocurrency market structure legislation. More than 10,000 bankers have sent letters to Senate offices in recent days calling on Congress to use the bill to close the payment of interest loophole, according to ABA. The post Senate Banking Committee postpones vote on crypto market structure bill appeared first on ABA Banking Journal .