PANews reported on January 16th that, according to reporter Eleanor Terrett, after the U.S. Senate Banking Committee postponed its review of the crypto market structure bill for nearly 24 hours, parties involved are assessing the progress. Multiple sources indicate that if banks, Coinbase, and Democrats can reach an agreement on the "yield" terms in the coming days, the bill "may" still move forward.
Regarding the section on tokenized securities in the bill, some tokenization companies believe Coinbase's objections are taken out of context, while parties including Brian Armstrong have stated they want significant changes or complete removal of the clause. Furthermore, ethical concerns raised in the bill are still under discussion, and related dialogues between the White House and the Senate are reportedly ongoing. Sources indicate that the delay of the Banking Committee does not necessarily affect the Agriculture Committee's review process; if the Agriculture Committee can reach a strong bipartisan agreement, it could facilitate a smoother review process by the Senate Banking Committee.

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