US Senators Kirsten Gillibrand and Cynthia Lummis plan to unveil a new draft of the bipartisan cryptocurrency bill to the new Congress after it was deferred in 2022. Speaking at a Senate Agriculture Committee hearing on oversight of the Commodity Futures Trading Commission(CFTC), Senator Gillibrand stated that the next draft of the bill will be available in mid-April. If passed into law, the legislation is intended to provide regulatory clarity for many crypto projects, including determining which assets would fall under the purview of the SEC and CFTC.