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Members of the U.S. Senate Banking Committee have introduced more than 100 amendments to crypto-related bills
Svmuu News: A leaked list obtained by POLITICO shows that members of the U.S. Senate Banking Committee have submitted more than 100 amendments to the Crypto Markets Framework Act, which is set for consideration on Thursday. These amendments primarily address stablecoin yields, protections for software developers, and ethical regulations. Among them, Democratic Senators Jack Reed and Tina Smith have proposed strengthening the ban on stablecoin interest; Chris Van Hollen has proposed banning the president, members of Congress, and their family members from holding or being associated with cryptocurrency; Catherine Cortez Masto has proposed establishing a safe harbor for software developers to avoid criminal liability. Additionally, Andy Kim has proposed reestablishing the Department of Justice’s National Cryptocurrency Enforcement Team. The bill aims to clarify regulatory agencies’ jurisdiction over cryptocurrency.
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