The US Senate Banking Committee has postponed hearings on the bipartisan crypto market structure bill to early 2026, possibly delaying it until 2027, contingent on midterm election outcomes.
This delay impacts clarity on SEC and CFTC roles in crypto regulation, leaving market players uncertain amid proceedings. Coinbase CEO notes urgency in resolving legislative differences quickly.
U.S. Senate Delays Crypto Bill to 2026
The U.S. Senate Banking Committee has postponed markup hearings for the bipartisan crypto market structure bill until early 2026. Initially set for December 2025, further delays are possible depending on midterm election outcomes.
The delayed bill seeks to establish clearer delineation of responsibilities between the SEC and CFTC in managing spot crypto markets and digital asset oversight. With ongoing bipartisan negotiations, no floor vote is anticipated this year.
Crypto Industry Disappointment Over Bill Delay
The delay has caused disappointment within the cryptocurrency industry, as many hoped for early resolution. Exchanges like Kraken continue to evolve amidst this uncertain climate, while token prices face fluctuating conditions.
Stakeholders are focusing on how this delay influences market structure, potentially affecting digital assets like BTC and ETH regarding spot market oversight. Some experts warn of ambiguity in regulatory practices without new frameworks.
Senate Bill and Historical Legislative Challenges
Previous Senate drafts aimed to address similar regulatory gaps but faced similar procedural hurdles. The structure of this bill reflects efforts seen in past legislation with comparable bipartisan ambitions.
Analysts from Kanalcoin predict the delay could prolong uncertainty in crypto regulation, but might result in thorough and consensus-driven outcomes. Past data suggests that such delays can impact market confidence and investor sentiment.
“Taking the time necessary to produce a strong, bipartisan product is not the same thing as stalling.” — Rubin Gallego, Ranking Member (D-AZ), Senate Banking Committee
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