Two House panels advance crypto market structure bill
A pair of House panels voted Tuesday to advance legislation laying out oversight of the crypto market.
The House Financial Services Committee and House Agriculture Committee held separate markups on the CLARITY Act, with both ultimately voting to report the bill out of committee.
The scenes in the two committees, however, were vastly different. The House Agriculture Committee voted 47-6 to advance the legislation after a relatively brief two-and-a-half-hour discussion.
The House Financial Services Committee, by contrast, spent nearly twelve hours working through dozens of amendments before reaching a final vote shortly before midnight. The panel was also more split on the bill, with a 32-19 vote to advance the legislation.
........© The Hill
