The advancement of the Crypto Market Structure Act depends on the achievement of the "revenue" clause agreement

After the US Senate Banking Committee postponed the review of the crypto market structure bill for nearly 24 hours, relevant parties are evaluating the follow-up progress. According to sources, if banks, Coinbase, and the Democratic Party can reach an agreement on the "earnings" clause in the coming days, there is still a possibility of advancing the bill. Regarding the section of the bill involving tokenized securities, some tokenization companies believe that Coinbase's opposition is taken out of context, while Coinbase CEO Brian Armstrong and other relevant parties hope to make significant modifications or deletions to this provision. In addition, the moral controversies involved in the bill are still under discussion, and dialogue between the White House and the Senate is reportedly ongoing. The postponement of the Banking Committee may not necessarily affect the deliberation process of the Agriculture Committee. If the Agriculture Committee reaches a bipartisan agreement, it may make the deliberation of the Banking Committee smoother.