Senate Agriculture and Banking Committees to hold markup on digital asset legislation on January 15

The US Senate Agriculture and Banking Committees are scheduled to hold markups on January 15 concerning legislation aimed at clarifying the regulatory framework for digital assets, specifically defining the roles of the CFTC and SEC regarding crypto market structure. If both committees approve the bills, they will be reconciled with the House-passed CLARITY Act before potentially reaching President Trump. Key debates during the markup are expected to cover potential conflicts of interest related to Trump's crypto business ties and regulations surrounding yield programs offered by stablecoin providers, which banks reportedly oppose due to concerns over deposit loss.

(Source：Crypto Briefing)