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Pressure Mounts on Senate as Tim Scott Plans Crypto Bill Markup Ahead of Funding Deadline

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Sen. Tim Scott Pushes Crypto Market Structure Bill Markup Next Week
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“From debate to decision, crypto clarity needs Senate precision.”

Washington, D.C. The U.S. Senate is under increasing pressure to proceed with long-delayed regulations pertaining to the cryptocurrency market. Just weeks before the January 30 deadline to agree a federal spending plan and prevent a government shutdown, Senate Banking Committee Chairman Tim Scott intends to mark up the crypto market structure bill on January 15, 2026.
Pressure Mounts on Senate as Tim Scott Plans Crypto Bill Markup Ahead of Funding DeadlineThis week, discussions on the crypto market structure bill were resumed by senators from both parties. After months of sluggish work, the objective is to establish clear regulations for digital assets.

The Digital Asset Market Clarity Act, the House of Representatives’ equivalent, has already been passed. The Senate is now under more pressure to act on cryptocurrency legislation more quickly.

The market for digital assets in the United States is still growing. The number of users in the cryptocurrency industry will grow to more than 166 million.

The market revenue in the United States is predicted to reach roughly US$18.6 billion in 2025 and increase further in 2026. As institutional and retail adoption increases, this growth highlights the need for regulatory clarification.

There are still important variations, though. Democratic MPs are advocating for more stringent control of decentralised finance (DeFi) systems and more robust ethical regulations.

Republicans, on the other hand, are concentrated on clearly allocating regulatory power across organisations such as the SEC and the CFTC in order to prevent ambiguity in the regulation of cryptocurrencies.

Days before an important federal funding deadline that could result in a government shutdown, the markup is scheduled. The vote is anticipated to test how well both parties can cooperate due to this short schedule.

As the crypto measure advances, several Democrats may vote against it if legislators cannot agree on important aspects.

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