US Senate committee postpones crypto market structure bill to 2026

The U.S. Senate Banking Committee will not hold a markup hearing this year on a bill to regulate digital asset market structure, effectively postponing the legislation until 2026, CoinDesk reported. The crypto market structure bill, known as the CLARITY Act, has been a key focus for the industry. A committee spokesperson said in a statement that while Chairman Tim Scott and the committee have made significant progress in negotiations with Democrats, talks are still ongoing. The spokesperson confirmed there will be no markup hearing before the end of the year.