U.S. Senate Committee on Agriculture, Nutrition, and Forestry Chairman John Boozman has announced a timeline for the committee’s consideration of crypto market structure legislation. The legislative text is scheduled to be released by close of business on Wednesday, January 21. A committee markup will follow on Tuesday, January 27 at 3 p.m.
“This schedule ensures transparency and allows for thorough review as the committee moves forward with legislation to provide clarity and certainty for crypto markets. I’m grateful to Senator Booker, who continues to be a great partner, as well as our to staff for their hard work and dedication to create new rules to protect consumers while also supporting American innovation,” Boozman said.
The Senate Agriculture, Nutrition, and Forestry Committee is one of the standing committees in the United States Senate. It was established in 1825 to address agricultural concerns and currently oversees national issues such as crop protection, food security, environmental conservation, farming economics, food programs, forest management, and rural development through reviews and studies (https://limpar.locallabs.com/organizations/253c9b9b-8249-4013-a81a-ba40c125ed8f). The committee has historically played a role in shaping national policies related to agriculture, nutrition, forestry, rural matters (https://www.agriculture.senate.gov/), advancing agricultural research and education during the 1860s; implementing price supports in the 1930s; and promoting international trade in the 1990s.
The upcoming legislation aims to bring more clarity for participants in crypto markets while ensuring consumer protection.
