US Lawmakers Expected to Address Market Structure Markup in January
Summary
Members of the US Senate Banking Committee are anticipated to advance a digital asset market structure bill, the Responsible Financial Innovation Act, with a markup session scheduled for the second week of January after previous delays. This legislation, which passed the House as the CLARITY Act, aims to grant the Commodity Futures Trading Commission (CFTC) greater authority in regulating digital assets, potentially involving collaboration with the Securities and Exchange Commission (SEC). Advocacy groups like The Digital Chamber confirm the expected markup. However, the bill's path forward faces uncertainty, with concerns raised by Republican Senator Thom Tillis that the start of the 2026 midterm election campaigning could hinder progress. Furthermore, a key proponent, Senator Cynthia Lummis, announced she will not seek reelection in 2026, though she continues to advocate for the bill.
(Source:Cointelegraph)