News

PANews, January 27—According to Cointelegraph citing Politico, U.S. Republican Senator Roger Marshall has agreed not to push for his proposed amendment on credit card fees during the Senate Agriculture Committee's review of a key cryptocurrency bill next week. The amendment aimed to force businesses to compete on swipe fees, but the White House intervened, believing this move could jeopardize the advancement of the entire crypto bill. The Senate Agriculture Committee originally planned to review the market structure bill this Thursday, but due to winter storms sweeping across much of the United States, the review has been postponed to February 3. The bill aims to clarify the regulatory responsibilities of financial regulators over the crypto industry, but the review process has been delayed multiple times as the bipartisan committee seeks cross-party support.

According to SOLSCAN data, Circle has issued approximately 500 million USDC on the Solana network in the past 24 hours.

PANews, January 27th – According to The Block, prediction market platform Kalshi has established a new office in Washington, D.C. to strengthen its strategic lobbying efforts with the U.S. government. The company has appointed John Bivona, a political strategist with over 20 years of experience, as its first Head of Federal Government Relations. Bivona previously served as the first White House liaison for the Department of Homeland Security during the Biden administration. Additionally, the company has hired Blake Bee, former Senior Manager of State and Local Public Policy at Amazon, to oversee state-level policy affairs.