Two versions of the US Senate's draft bills on the crypto market are still pending review, and the review process may be postponed until December.

Foresight News reported, citing Crypto In America, that two versions of the U.S. Senate's draft bills on crypto market structure are still being drafted, and the markup session originally scheduled before Thanksgiving may be postponed to December. In order to resume government operations before the Senate's recess next week, the Senate may hold additional meetings over the weekend to push forward. The sooner the government restarts, the sooner the Senate Banking Committee and Agriculture Committee can schedule revisions to their respective market structure bills, provided they receive the bill texts. This week, relevant personnel have been working day and night to resolve key issues, but the timing of the draft release remains unclear. David Sacks, the White House lead on cryptocurrency and artificial intelligence, said after a call with the two main drafters of the bills on Wednesday that he was encouraged by the progress and looked forward to seeing bipartisan drafts soon. When the Agriculture Committee bill text is released, it may include brackets indicating areas still under negotiation between the two parties. Senators had originally hoped to complete revisions before Thanksgiving, but this now seems unlikely. If a government restart agreement can be reached this weekend, there will be only one week of meetings left before the holiday, making December revisions more likely, but as Congress is unpredictable, nothing is certain yet.