Senator Boozman unveils GOP crypto market bill for Jan. 27 markup without Democratic deal

U.S. Senate Agriculture Committee chair John Boozman said Republicans on the panel have not reached agreement with Democrats on key elements of a new crypto market structure bill, even as a Republican draft was released for a Jan. 27 markup. The proposal outlines how the SEC and CFTC would oversee digital asset markets and adds protections for DeFi developers and certain intermediaries while excluding stablecoin yield rules, which fall under the Banking Committee.