The post U.S. crypto bill back on track! – Senate vote expected ‘early next year’ appeared on BitcoinEthereumNews.com. Key Takeaways  Why is the new timeline crucial?  Getting it done by early next year would “unlock crypto,” per Coinbase CEO.  Can it get final passage as planned?  DeFi regulation remains a sticky concern, alongside another likely holdout from Democrats.  Senate Banking Committee Chair Senator Tim Scott said that they plan to mark up the crypto market structure bill next month.  During an interview with Fox Business on the 18th of November, Scott added,  “Next month, we believe that we can mark up, in both committees, and get this to the floor of the Senate early next year.”  Source: X Scott had previously set a September deadline for the markup, but he blamed the Democrats for “stalling” the legislation. This was a reference to the holdout by a section of Democrats, led by Reuben Gallego, that proposed a controversial DeFi regulation that triggered an industry-wide backlash and nearly killed the bill’s momentum.  But Jane Garza, Gallego spokesperson, rebuffed Scott’s comments,  “Taking the time necessary to produce a strong, bipartisan product is not the same thing as stalling, and implying that Democrats don’t want to get this done isn’t productive.” Later in October, however, the different factions in Congress got back on track after intense lobbying from crypto leaders. Fast forward to November, the Senate Agriculture Committee, tasked with the CFTC’s side of the bill, released a draft discussion paper that left the entire DeFi section for further feedback. This is a pre-markup process that will help combine drafts from both committees into a final, coherent legislation.  What’s next after the mark-up? In the legislative process, markups play a crucial role in shaping bills. During this stage, committees collaborate to review the proposed legislation. They discuss, amend, and refine the text to ensure clarity and alignment with policy goals.  Once the… The post U.S. crypto bill back on track! – Senate vote expected ‘early next year’ appeared on BitcoinEthereumNews.com. Key Takeaways  Why is the new timeline crucial?  Getting it done by early next year would “unlock crypto,” per Coinbase CEO.  Can it get final passage as planned?  DeFi regulation remains a sticky concern, alongside another likely holdout from Democrats.  Senate Banking Committee Chair Senator Tim Scott said that they plan to mark up the crypto market structure bill next month.  During an interview with Fox Business on the 18th of November, Scott added,  “Next month, we believe that we can mark up, in both committees, and get this to the floor of the Senate early next year.”  Source: X Scott had previously set a September deadline for the markup, but he blamed the Democrats for “stalling” the legislation. This was a reference to the holdout by a section of Democrats, led by Reuben Gallego, that proposed a controversial DeFi regulation that triggered an industry-wide backlash and nearly killed the bill’s momentum.  But Jane Garza, Gallego spokesperson, rebuffed Scott’s comments,  “Taking the time necessary to produce a strong, bipartisan product is not the same thing as stalling, and implying that Democrats don’t want to get this done isn’t productive.” Later in October, however, the different factions in Congress got back on track after intense lobbying from crypto leaders. Fast forward to November, the Senate Agriculture Committee, tasked with the CFTC’s side of the bill, released a draft discussion paper that left the entire DeFi section for further feedback. This is a pre-markup process that will help combine drafts from both committees into a final, coherent legislation.  What’s next after the mark-up? In the legislative process, markups play a crucial role in shaping bills. During this stage, committees collaborate to review the proposed legislation. They discuss, amend, and refine the text to ensure clarity and alignment with policy goals.  Once the…

U.S. crypto bill back on track! – Senate vote expected ‘early next year’

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Key Takeaways 

Why is the new timeline crucial? 

Getting it done by early next year would “unlock crypto,” per Coinbase CEO. 

Can it get final passage as planned? 

DeFi regulation remains a sticky concern, alongside another likely holdout from Democrats. 


Senate Banking Committee Chair Senator Tim Scott said that they plan to mark up the crypto market structure bill next month. 

During an interview with Fox Business on the 18th of November, Scott added, 

Source: X

Scott had previously set a September deadline for the markup, but he blamed the Democrats for “stalling” the legislation.

This was a reference to the holdout by a section of Democrats, led by Reuben Gallego, that proposed a controversial DeFi regulation that triggered an industry-wide backlash and nearly killed the bill’s momentum. 

But Jane Garza, Gallego spokesperson, rebuffed Scott’s comments, 

Later in October, however, the different factions in Congress got back on track after intense lobbying from crypto leaders.

Fast forward to November, the Senate Agriculture Committee, tasked with the CFTC’s side of the bill, released a draft discussion paper that left the entire DeFi section for further feedback.

This is a pre-markup process that will help combine drafts from both committees into a final, coherent legislation. 

What’s next after the mark-up?

In the legislative process, markups play a crucial role in shaping bills. During this stage, committees collaborate to review the proposed legislation. They discuss, amend, and refine the text to ensure clarity and alignment with policy goals. 

Once the revisions are complete, the committee votes to advance the bill for final debate and voting on the chamber floor.

For the Senate Banking Committee, its draft covers the SEC’s side of the mandate, including securities and investor protections, among others.

And as of writing, the Senate Banking draft only captures Republicans’ input, with Democrats’ contribution yet to be accommodated. 

It remains to be seen whether the DeFi regulation will become another stumbling block during the planned markup process. 

For his part, Coinbase CEO Brian Armstrong noted that there was a “good chance” of getting it done by December and that President Donald Trump would likely sign it off soon afterward. He added

However, the mark-up process will not be a smooth ride, warned Cody Carbone, CEO of Digital Chamber, a blockchain trade association. He noted

Previous: MYX jumps 17% – But ONE signal flashes a warning for traders!
Next: Crypto miners rejoice: Kazakhstan removes AIFC limits, legalizes national operations

Source: https://ambcrypto.com/u-s-crypto-bill-back-on-track-senate-vote-expected-early-next-year/

Market Opportunity
Union Logo
Union Price(U)
$0.0008005
$0.0008005$0.0008005
-0.13%
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

The post CEO Sandeep Nailwal Shared Highlights About RWA on Polygon appeared on BitcoinEthereumNews.com. Polygon CEO Sandeep Nailwal highlighted Polygon’s lead in global bonds, Spiko US T-Bill, and Spiko Euro T-Bill. Polygon published an X post to share that its roadmap to GigaGas was still scaling. Sentiments around POL price were last seen to be bearish. Polygon CEO Sandeep Nailwal shared key pointers from the Dune and RWA.xyz report. These pertain to highlights about RWA on Polygon. Simultaneously, Polygon underlined its roadmap towards GigaGas. Sentiments around POL price were last seen fumbling under bearish emotions. Polygon CEO Sandeep Nailwal on Polygon RWA CEO Sandeep Nailwal highlighted three key points from the Dune and RWA.xyz report. The Chief Executive of Polygon maintained that Polygon PoS was hosting RWA TVL worth $1.13 billion across 269 assets plus 2,900 holders. Nailwal confirmed from the report that RWA was happening on Polygon. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 The X post published by Polygon CEO Sandeep Nailwal underlined that the ecosystem was leading in global bonds by holding a 62% share of tokenized global bonds. He further highlighted that Polygon was leading with Spiko US T-Bill at approximately 29% share of TVL along with Ethereum, adding that the ecosystem had more than 50% share in the number of holders. Finally, Sandeep highlighted from the report that there was a strong adoption for Spiko Euro T-Bill with 38% share of TVL. He added that 68% of returns were on Polygon across all the chains. Polygon Roadmap to GigaGas In a different update from Polygon, the community…
Share
BitcoinEthereumNews2025/09/18 01:10
Velo protocol Integrates SumPlus to Power AI-Driven Finance

Velo protocol Integrates SumPlus to Power AI-Driven Finance

Velo Protocol and SumPlus working together to enable AI-driven finance and allow autonomous agents to execute secure on-chain transactions across DeFi space.
Share
Blockchainreporter2026/03/20 05:00
Seething House Republicans turn knives on John Thune with crude message

Seething House Republicans turn knives on John Thune with crude message

House conservatives are training their fire on a new target: their own Senate majority leader.Fed up with John Thune's (R-SD) refusal to nuke the filibuster and
Share
Rawstory2026/03/20 05:42