US Senate Delays Crypto Market Bill Markup to Late January

Senate Postpones Crypto Bill Markup

The anticipated momentum for the US crypto market bill has encountered another delay. Senate lawmakers have rescheduled the bill's markup from this Thursday to late January.

Senators Delay Crypto Bill Vote

As reported by Eleanor Terrett, the US Senate has deferred its markup session to consider the proposed bill until the last week of January. This postponement was confirmed by Senator John Boozman, Chairman of the Senate Agriculture Committee.

"We have made meaningful progress and had constructive discussions as we work toward this goal. To finalize the remaining details and ensure the broad support this legislation requires, additional time is needed before moving to markup. The committee will mark up this legislation during the last week of January," he stated.

This rescheduling means the agriculture committee's markup won't coincide with the Senate Banking Committee's schedule, which remains unchanged.

Analysts suggest that if the bill advances too swiftly without solid Democratic support, it risks failure on the Senate floor. The Banking Committee maintains oversight on security-related crypto regulations, necessitating consensus between both committees for the bill's progression.

For final approval, a minimum of 60 votes is essential, implying that Democratic backing is crucial for the bill's passage. Currently, Republicans hold a narrow majority.

Journalists covering Capitol Hill developments highlight that this extra time will address major issues such as stablecoin regulation and tokenization, contentious topics in the bill's initial drafts.

History of Delays

This isn't the first delay in the bill's legislative journey. Planned markups in November 2025 were rescheduled due to disagreements among lawmakers and regulatory bodies.

According to TD Cowen analysts, political realities may further slow the bill's progress. Recent Democratic proposals have added complexity to negotiations, particularly regarding stablecoin yield restrictions and anti-illicit finance measures. Despite acknowledging progress, consensus remains elusive.

With the markup now set for late January, traders brace for the possibility of further delays into February, pending resolution of ongoing discussions.