DeFi, ethics disputes remain in Senate crypto bill ahead of Jan. 15 vote
Summary
The U.S. Senate Banking Committee is moving toward a January 15 markup vote on a bipartisan crypto market structure bill, despite ongoing disagreements. While Republicans are confident, Democrats have not fully endorsed the timeline, with major sticking points remaining, including ethics demands related to President Trump's crypto ties, the treatment of yield, and DeFi oversight. A document shows that many Democratic requests, including input from the Treasury Department, have been incorporated, but core issues persist. Industry lobbyists are pushing hard this week to secure support, hoping that even without 100% agreement, enough backing exists to advance the legislation. If the Banking Committee approves the bill, it must then pass through the Senate Agriculture Committee before being reconciled with the House's version and sent to the President's desk.
(Source:CoinDesk)