New progress in cryptocurrency market regulation. The Senate Banking Committee and Agriculture Committee in the United States both plan to hold hearings and votes on legislation related to the structure of the cryptocurrency market on January 15. This means that the legislation, which has been discussed and negotiated multiple times over the past year, is finally moving into a substantive voting stage. The synchronized actions of the two committees reflect the increasing importance that regulators place on standardizing the crypto market. For the entire industry, this could be a turning point—clarity in policy framework will provide market participants with a clearer direction for operations.