Senate crypto bill faces uncertain July timeline amid crowded legislative agenda and housing bill dispute

Summary

A sweeping cryptocurrency bill faces a narrowing path to passage in the U.S. Senate as the July legislative calendar becomes overcrowded with competing priorities. The Senate must juggle the annual defense authorization bill, renewal of the farm bill, and a major housing package that President Trump threatened to veto unless Congress first passes voter citizenship proof legislation. The housing bill also includes a provision banning central bank digital currencies. Time constraints and political maneuvering are creating uncertainty for the crypto legislation's timeline.

Source

Twitter / XSenate crypto bill faces uncertain July timeline amid crowded legislative agenda and housing bill disputetheblock.co