Senators Set January Markup for Crypto Market Structure Bill

In brief

  • The Senate’s crypto market structure bill is set for a January committee markup, White House AI and Crypto Czar David Sacks said.
  • The CLARITY Act would define SEC and CFTC oversight of crypto, but Trump’s regulator appointments and a looming Supreme Court ruling have unsettled Democrats.
  • Senator Cory Booker (D-NJ) says he does not trust White House assurances, while critics warn the bill could expand executive power and favor large crypto firms.

The Senate’s closely watched crypto market structure bill is officially headed for a January committee markup, White House AI and crypto czar David Sacks confirmed Thursday, moving landmark digital asset legislation closer to a floor vote despite lingering Democratic concerns over…

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