US crypto market structure legislation to advance in early 2026
Summary
The US Senate Banking Committee has confirmed the postponement of markup hearings for crypto market structure legislation until early 2026, despite earlier expectations for a 2025 hearing. A spokesperson for Chairman Tim Scott stated that strong progress is being made with Democratic counterparts on bipartisan legislation intended to provide clarity for the digital asset industry and establish the US as a global crypto leader. The delay is attributed to ongoing good-faith negotiations. Some in the industry are concerned, noting that the 2026 midterm elections could further complicate the legislative process. The legislation aims to clarify the oversight roles of the SEC and CFTC, designating the latter as the primary spot market regulator. The delay coincided with a dip in crypto markets, with Bitcoin falling significantly on Monday.
(Source:Cointelegraph)