Progress on the Crypto Markets Structure Act: Increased likelihood of bipartisan support, but DeFi and stablecoin yield issues remain unresolved.
TL;DR
The Crypto Markets Structure Act is progressing with bipartisan support likely, as the Senate Banking Committee reviews it on January 15th, 2026. However, key issues like DeFi regulations and stablecoin yields remain unresolved, prompting increased lobbying from the crypto industry.
[Crypto Markets Structure Act Legislative Progress: Increased Probability of Bipartisan Support, DeFi and Stablecoin Yield Issues Remain Unresolved] Mars Finance reported on January 7th that crypto journalist Eleanor Terrett revealed the latest developments in the Crypto Markets Structure Act (CLARITY Act). The U.S. Senate Banking Committee has formally scheduled its review for Thursday, January 15th, 2026. Committee members and their staff are working tirelessly to reach a bipartisan consensus on outstanding issues. On Tuesday, a meeting held in the office of Banking Committee Chairman Tim Scott focused on key issues including the ethics of public officials involved in cryptocurrency, stablecoin yields, bipartisan representation in cryptocurrency regulators, and several DeFi-specific provisions. Thirteen senators who support cryptocurrencies attended the meeting. During the three-hour meeting, it was unclear how many issues were resolved, but both Republican and Democratic senators expressed optimism that the bill might gain bipartisan support. While senators are engaged in internal negotiations, the crypto industry is intensifying its lobbying efforts this week to gain a voice on the remaining outstanding issues. The Chamber of Digital will hold a lobbying event on Capitol Hill on Thursday, with over 40 members traveling to the Senate to lobby. The event will begin at 10:00 AM, with speakers including Patrick Witter, executive director of the White House Cryptocurrency Council, and Republican Senator Cynthia Loomis of Wyoming. Representatives expected to participate include representatives from companies such as Unicoin, Anchorage Digital, eToro, Coinflip, Input Output Group, Arca, Bitdeer, Binance.US, Crypto.com, VanEck, Hedera, Mara, and Helium. Additionally, some industry leaders will meet privately with senators this week to discuss unresolved issues related to DeFi and stablecoin yields.