Key Takeaways
- US lawmakers are making significant progress on a Bitcoin and crypto market structure bill.
- The legislation aims to provide regulatory clarity for the crypto industry and is scheduled for markup in January.
David Sacks has affirmed that the US is firmly on track to pass legislation governing Bitcoin and the crypto market.
The White House crypto czar said in a Thursday statement that he spoke with Senate Banking Committee Chairman Tim Scott and Senate Agriculture Committee Chairman John Boozman, who confirmed plans to hold a markup for the bill in January.
The digital asset market structure bill has been a priority for the Trump administration as it seeks to create regulatory clarity for the crypto industry.
The Senate Banking Committee previously targeted a December markup of the bill but decided this week to delay it to early 2026.
Senate Democrats reportedly held a private meeting to discuss a GOP compromise proposal for a crypto market structure bill and contemplate a potential counteroffer. The proposal was introduced by Scott’s team.
CEOs from Citigroup, Bank of America, and Wells Fargo also met with lawmakers to discuss legislation.
Source: https://cryptobriefing.com/progress-crypto-market-bill-clarity/
