cryptonews
2026-01-08 15:44:47

Crypto Lobby Swarms Capitol Hill as Senate Vote Looms — With No Deal in Sight

Cryptocurrency lobbyists are swarming Capitol Hill this week as the U.S. Senate is set to vote on long-awaited market structure bills with no final consensus on major political and policy issues and no ultimate agreement on them. On January 15, two Senate committees, Banking and Agriculture, will conduct markups , which may be the most significant moment yet for federal crypto regulation. The vote follows over half a year of deadlock and several deadlines missed. Although the Republicans have been aggressively pushing to have a vote, some Democrats and a few Republicans believe that the bill is being rushed without addressing fundamental differences. Crypto Industry Presses Senate to Move Market Structure Bill Forward Before the vote, the crypto industry has intensified its lobbying effort, with the Digital Chamber, a large blockchain trade group, flying over 50 representatives of the industry to Washington to meet directly with senators. Among the available participants are exchanges, including Crypto.com and Binance.US, token issuers, such as Cardano, crypto ATM operators, and financial services providers, such as eToro. The bill that is being debated is the Senate version of the Digital Asset Market Clarity Act that had been passed by the House in July 2025 . Three key pieces of crypto legislation passed the House of Representatives in a critical vote on Thursday afternoon. #House #CryptoPolicy https://t.co/m9o0nj2yay — Cryptonews.com (@cryptonews) July 17, 2025 At its core, the bill aims at specifying the manner of regulating digital assets in the U.S . by dividing the responsibilities between the Securities and Exchange Commission and the Commodity Futures Trading Commission. The Banking Committee covers securities-related provisions, and the Agriculture Committee deals with commodities and spot markets, hence, the need for the two panels to proceed with their versions before the bill can proceed. The two-week deadline to pass the bill has been picked up by Senate banking chair Tim Scott , who said legislators had seen several drafts and now it was time to record a vote. U.S. Senate to vote on crypto market structure bill on January 15 despite deep divisions over key issues #CryptoRegulation #USSenate https://t.co/kUWyH1mRCl — Cryptonews.com (@cryptonews) January 7, 2026 He has admitted that they are still not in complete agreement but states that further procrastination will kill the bill altogether. At this point, the Agriculture Chair John Boozman of the Senate has already confirmed that his committee will also vote the same day, further pressuring an already tense process. Regardless of the resurgence of the movement, the significant controversies still obstruct the legislation of crypto market structure. Crypto Talks Snag on Ethics, Control, and Party Tensions Among the most controversial matters, there is the matter of ethics and conflict-of-interest regulations, which is driven by the fear of family affiliations that President Donald Trump has with crypto-based ventures . @RepRoKhanna plans to introduce a bill banning lawmakers from owning or creating cryptocurrencies, following @realDonaldTrump 's pardon of CZ. #Crypto #Binance https://t.co/r0eJThPuTF — Cryptonews.com (@cryptonews) October 28, 2025 Democrats insist on stricter boundaries on officials who make money on or market digital assets, whereas Republicans believe that there are already existing ethics regulations. Lawmakers are also divided over governance at federal regulators. Following Trump’s removal of several Democratic officials, some Democrats want statutory quorum rules to guarantee bipartisan representation at the SEC and CFTC. Republicans oppose the idea, calling it unnecessary. Policy disagreements extend to yield-bearing stablecoins as Banking groups are urging Congress to close what they see as loopholes that allow rewards through affiliates, while crypto firms counter that lawmakers deliberately preserved those structures in earlier legislation. Decentralized finance remains another flashpoint, with industry groups seeking protections for developers, while Democrats warn broad exemptions could heighten money laundering and security risks. Even if both committees advance their bills, they must still be reconciled, clear a 60-vote Senate threshold, and be merged with the House’s CLARITY Act before reaching the president. With the 2026 midterm elections approaching, political calculations loom large. Analysts have warned that lawmakers may be reluctant to take risks as campaigns begin, raising the possibility that final passage slips into 2027. The post Crypto Lobby Swarms Capitol Hill as Senate Vote Looms — With No Deal in Sight appeared first on Cryptonews .

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