The US Senate Banking and Agriculture Committees will hold markup sessions on January 15 to discuss their respective crypto market structure bills. If both bills advance, they will be reconciled into a unified package before being sent to the Senate floor for a vote. Key issues still need resolution, including user rights and sanctions enforcement.

The U.S. Senate has moved closer to final approval of the GENIUS Act, which aims to regulate stablecoin issuers, passing a significant vote with bipartisan support. Concurrently, the House of Representatives is advancing the Digital Asset Market Clarity Act, establishing a framework for crypto market oversight. Both legislative efforts signify a major shift in U.S. crypto policy, addressing the need for regulation amidst growing market activity.