Gate News reports that on March 13, U.S. Senate Majority Leader John Thune stated that the Senate is not expected to advance digital asset market structure legislation before April. Thune said the Senate plans to prioritize voting on the “Save America Act,” which requires voters to personally provide U.S. citizen identification for registration. The Market Structure Act is expected to be advanced after that vote, possibly not until around April, when it can be submitted by the Banking Committee. This is inconsistent with Ohio Senator’s previous expectation that Congress would pass legislation in April. The Senate Agriculture Committee has advanced its version of the bill, but the Banking Committee delayed the merger process that was scheduled for January. Last week, President Trump accused banks of “hijacking” the bill. Despite three meetings between White House officials and banking representatives on crypto, it remains unclear whether policymakers have reached any agreement as of Thursday.
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