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US Senate blocks the first attempt to move a compromise cryptocurrency amendment

US Senate blocks the first attempt to move a compromise cryptocurrency amendment

09 Aug 2021

Jostling in the US Senate over the infrastructure bill is continuing.

  • The latest is that a senator asked for a cryptocurrency compromise amendment to be added to infra bill
  • And another wanted to add in a $50b defence funding amendment

Which encountered objections. 

So the first attempt to move a compromise cryptocurrency amendment through for the infrastructure bill is blocked.

Which delays a final vote. This ain’t over, a vote was anticipated Monday but it might take longer. 

 While on the subject of crypto, BTC has had a good run higher:

btc chart 10 August 2021