Overview
- The Senate Agriculture Committee rescheduled its crypto market-structure markup to Thursday at 10:30 a.m. ET, and the SEC–CFTC joint appearance moved to 2:00 p.m. ET the same day.
- Chair John Boozman said talks with Sen. Cory Booker stalled over fundamental policy differences, and reporting indicates the draft may receive no Democratic votes at the markup.
- A Friday night government funding deadline raises the risk of a shutdown that could push crypto legislation further down the Senate’s agenda.
- Filed amendments could widen the bill to cover digital-asset ethics rules, consumer protections, national-security restrictions on platforms, payments policy, and limits on emergency assistance, with proposals from Sens. Michael Bennet, Dick Durbin, Jerry Moran, and Tommy Tuberville.
- The Senate Banking Committee previously postponed its own version without a new date, and a Benchmark analysis warns that failure to pass a bill this year would keep a regulatory risk premium on U.S.-exposed crypto firms, favoring bitcoin and infrastructure.