House-Backed Government Funding Bill Fails Procedural Senate Vote

Tech's wreck at the open started it... following Goldman's Privorotsky's warning earlier to 'keep an eye on the megacap tech names today'... chart US equities puked as the cash market opened, with Nasdaq erasing overnight gains rapidly... chart ...as losses in MSFT accelerated... chart ...crypto followed with Bitcoin crashing to its lowest since Dec ...

The U.S. Senate Agriculture Committee voted along party lines on Thursday to advance its version of a cryptocurrency market structure bill to create CFTC regulatory authority over digital commodities, a major development for digital asset regulation. The Digital Commodity Intermediaries Act advanced on a party line-vote with 12 Republicans voting “yes” and ...

The U.S. Senate Agriculture Committee, which oversees commodities trading, advanced a bill on Thursday that would establish a federal regulatory framework for ​cryptocurrencies on a party-line vote, an indication that the legislation likely lacks enough support to be passed by the full Senate. If passed, the bill would give the U.S. Commodity Futures ...