US Senate Banking Committee advances crypto market-structure bill
By Neil Roland ( May 14, 2026, 19:15 GMT | Insight) -- The US Senate Banking Committee advanced a cryptocurrency market-structure bill on a 15-9 vote without consideration of an amendment intended to curb a potential flight of stablecoin deposits from banks. The politically charged amendment, backed by banks that had battled unsuccessfully for months with digital-asset firms over the language in the bill, was excluded from debate by Committee Chair Tim Scott. Addressing the committee’s top Democrat, Senator Elizabeth Warren, Scott said: “As you said at the beginning of this hearing, I have the right as the chairman to pick and choose which amendments we wanted.”The Senate Banking Committee advanced a cryptocurrency market-structure bill on a 15-9 vote without consideration of an amendment intended to curb a potential flight of stablecoin deposits from banks....
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