ET 23:20

Crypto Market Legislation Advances to Senate Agriculture Markup

Senate Agriculture Committee chair John Boozman introduced an updated version of the Digital Commodity Intermediaries Act, signaling momentum for crypto market structure legislation despite stalled bipartisan talks. The bill moves to markup next Tuesday, January 27, 2026, after the committee opted to proceed without Democratic support. The legislation targets digital commodity intermediaries under the Commodity Futures Trading Commission, establishing registration and compliance standards for trading platforms. It follows delays in the Senate Banking Committee's review, creating uncertainty over how broader crypto regulations might advance. Industry leaders, including Digital Chamber CEO Cody Carbone, said the bill reflects continued legislative intent to pass market structure rules this year. Meanwhile, President Donald Trump praised the effort, stating he hopes to sign the measure “very soon.” His administration sees the legislation as a step toward enhancing financial inclusion and unlocking new pathways to economic opportunity.

EditorLim