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U.S. Senate Agriculture Committee Sets New January Timeline for Crypto Market Structure Markup
Source: CoinEdition Original Title: U.S. Senate Agriculture Committee Sets New January Timeline for Crypto Market Structure Markup Original Link:
U.S. Senate Agriculture Committee Sets New January Timeline for Crypto Market Structure Markup
The U.S. Senate Committee on Agriculture, Nutrition, and Forestry has rescheduled its markup for crypto market structure legislation, setting a new timeline that includes the release of bill text and a formal committee session later this month.
According to the schedule released by Committee Chair John Boozman, the legislative text for the crypto market structure bill will be made public by the close of business on Wednesday, January 21. The committee’s markup is now scheduled for Tuesday, January 27, beginning at 3:00 p.m. ET.
Committee Outlines Process and Dates
In a statement accompanying the schedule, Boozman said the updated timeline is intended to provide transparency and allow sufficient time for lawmakers and stakeholders to review the proposal. He also acknowledged cooperation with Senator Cory Booker and committee staff during the drafting process, noting their role in developing rules intended to address consumer protection while supporting innovation in U.S. crypto markets.
The Agriculture Committee plays a central role in digital asset legislation due to its jurisdiction over commodities markets, including oversight of the Commodity Futures Trading Commission. The forthcoming bill is expected to focus on crypto market structure and regulatory responsibilities, though the full scope will become clearer once the text is released on January 21.
Context Around the Rescheduled Markup
The January 27 markup follows a delay from an earlier planned date, a change that several market observers described as a postponement rather than a cancellation. Separate commentary circulating highlighted that leadership proceeded with rescheduling while negotiations continued, with attention focused on unresolved sections related to stablecoins, decentralized finance definitions, and agency authority.
Commentary also noted that the Agriculture Committee’s involvement positions it as a key venue for advancing crypto legislation out of regulatory uncertainty. References were also made to coordination with the Senate Banking Committee, where numerous amendments to related digital asset proposals are reportedly under discussion.