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00:03Senators said bipartisan talks on a long-delayed crypto market structure bill have accelerated
00:07with a draft expected this week and a markup planned next week, according to Benzinga.
00:13Momentum has grown since the House passed its version in July,
00:16and the Senate is advancing two parallel drafts that split oversight
00:19between the SEC and Commodity Futures Trading Commission.
00:23Negotiators drafted ethics rules to block officials and their families
00:27from issuing or profiting from digital assets while in office.
00:30However, the White House rejected the proposal and asked for a stronger version.
00:35Industry groups expect movement before year-end,
00:38and said progress on markups would signal that Congress is preparing to finalize long-awaited legislation.
00:43For all things money, visit Benzinga.com.
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