Overview
- An official notice sets the markup for Jan. 15 at 10 a.m. ET, with a manager’s amendment due Jan. 12 and member amendments due Jan. 13.
- Banking Chair Tim Scott says the bill follows months of bipartisan work and aims to protect investors, support innovation, and address national security concerns.
- The Agriculture Committee is preparing its own markup focused on CFTC authority, with the bill expected to be reconciled before any full Senate vote requiring broad support.
- The proposal would split oversight between regulators, placing most cryptocurrencies under the CFTC and leaving token sales primarily to the SEC, as reported by multiple outlets.
- Reports note recent disclosures of congressional Bitcoin investments and highlight commentator claims—unverified—that the framework could cut manipulation by 70% to 80%, with some supporters projecting a potential path to law by March 2026.