Trump’s crypto czar David Sacks says crypto market structure bill markup is set for January
Summary
David Sacks, described as the White House crypto czar for the Trump administration, stated that significant progress is being made toward passing legislation to establish clear rules for the digital asset market. He confirmed after speaking with Senate Banking Committee Chairman Tim Scott and Senate Agriculture Committee Chairman John Boozman that a markup for the bill, aimed at providing regulatory clarity, is scheduled for January. This bill has been a priority for the Trump administration. Although the Senate Banking Committee had initially targeted a December markup, it was delayed to early 2026. The delay followed discussions where Senate Democrats reportedly met to consider a GOP compromise proposal introduced by Scott's team.
(Source:Crypto Briefing)