The U.S. Senate delays the crypto market bill markup to late January 2026 amid unresolved issues and the need for bipartisan support.
The U.S. crypto market bill has faced another setback.
Senate lawmakers have rescheduled an important markup meeting. Initially planned for this week, the new date is set for the last week of January. The delay highlights ongoing concerns regarding regulatory issues and the need for more time to finalize details.
As a result, many in the crypto community are left waiting for further developments.
Senate Postpones Key Crypto Bill Markup
The Senate Agriculture Committee announced the rescheduling of the crypto bill markup. Senator John Boozman, the committee’s chairman, confirmed the new date.
He explained that more time was needed to finalize the bill’s details and secure necessary support. The additional time will allow lawmakers to address remaining concerns and ensure broader backing.
The delay has been met with mixed reactions.
While progress has been made, several key issues remain unresolved. These include the regulation of stablecoins and the rules surrounding tokenization. These topics continue to be a point of contention and require further discussion before proceeding.
This move is seen as a cautious step.
Lawmakers are wary of rushing the bill through without enough support. The extra time will allow for more negotiations, which are crucial to the bill’s success. The hope is that this delay will lead to a more solidified version of the bill.
The Role of Democratic Support in the Delay
A key reason for the delay is securing Democratic support for the bill. Senate lawmakers are concerned that advancing the bill too quickly could result in failure.
With the Senate’s slim majority, bipartisan support is essential for the bill’s passage. At least 60 votes will be needed to pass the legislation when it reaches the Senate floor.
While Republicans largely back the bill, Democratic support is still uncertain.
Lawmakers from both parties must agree on the details to avoid further setbacks. As such, the committee is taking time to ensure a consensus is reached. Without Democratic support, the bill would face significant challenges in securing enough votes.
The delay reflects the importance of these discussions. The balance between Republican and Democratic support is crucial for the bill’s future. Senate leaders are hopeful that the extra time will lead to greater agreement.
Related Reading: Senate Democrats Demand Bipartisan Control of Crypto Bill
Ongoing Delays and Future Uncertainty
This delay is not the first for the crypto bill. Previous markups, scheduled for November 2025, were also postponed. These delays have been attributed to differences in opinions between lawmakers and regulatory agencies.
Political realities, such as differing proposals, have slowed the bill’s progress.
In addition to stablecoin regulation, concerns over illicit finance measures have added to the complications. The Democratic Party’s latest proposals have introduced further uncertainties.
These include measures regarding yield restrictions for stablecoins, which have caused disagreement among lawmakers.
Despite these challenges, there is still hope for progress. The Senate now plans to revisit the bill in late January. However, there is a possibility of another delay if consensus is not reached.
Market observers are keeping a close eye on the situation, as further delays could extend the process even longer.
Source: https://www.livebitcoinnews.com/crypto-bill-faces-major-setback-as-senate-delays-markup-to-late-january/
