Published: January 8, 2026
The US Senate crypto market structure bill advances toward a critical markup session on January 15, 2026, as Banking Committee Chair Tim Scott pushes for committee consideration of the long-awaited legislation. Known as the CLARITY Act, the bill aims to clarify SEC and CFTC jurisdiction over digital assets amid ongoing bipartisan negotiations.
Markup Timeline and Key Developments
The session marks a pivotal step:
- Date: January 15, 2026 (Senate Banking Committee)
- Chair: Senator Tim Scott (R-SC)
- Potential Parallel: Agriculture Committee markup
- Background: Builds on House-passed version from 2025
Scott has indicated the markup will proceed regardless of full bipartisan consensus.
Core Provisions of the CLARITY Act
The bill addresses longstanding regulatory gaps:
- Digital asset classification (commodity vs security)
- SEC-CFTC jurisdictional split
- DeFi oversight and protections
- Investor safeguards and illicit finance measures
- Stablecoin and market integrity rules
Recent Republican proposals include over 30 amendments.
Bipartisan Challenges and Unresolved Issues
Negotiations continue on contentious points:
- DeFi regulation scope
- Stablecoin yield provisions
- Agency staffing and ethics
- State vs federal preemption
Democrats seek stronger safeguards; Republicans prioritize innovation.
Potential Market Impact
Passage could transform the industry:
- Clear rules attracting institutional capital
- Reduced enforcement uncertainty
- Boost for U.S. competitiveness
- Risks: Delays push to 2027 amid elections
Industry lobbying intensifies for favorable outcome.
Conclusion
The January 15, 2026 markup for the US Senate crypto market structure bill represents a make-or-break moment under Chair Tim Scott. While bipartisan hurdles remain, progress toward regulatory clarity could unlock significant growth. Monitor developments closely—outcome will shape digital asset markets for years ahead.
Disclaimer: This article is for informational purposes only and does not constitute legal or investment advice. Legislative processes are subject to change.
