Key Takeaways
- US lawmakers are making significant progress on a Bitcoin and crypto market structure bill.
- The legislation aims to provide regulatory clarity for the crypto industry and is scheduled for markup in January.
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David Sacks has affirmed that the US is firmly on track to pass legislation governing Bitcoin and the crypto market.
The White House crypto czar said in a Thursday statement that he spoke with Senate Banking Committee Chairman Tim Scott and Senate Agriculture Committee Chairman John Boozman, who confirmed plans to hold a markup for the bill in January.
We had a great call today with Chairmen @SenatorTimScott and @JohnBoozman who confirmed that a markup for Clarity is coming in January. Thanks to their leadership, as well as @RepFrenchHill and @CongressmanGT in the House, we are closer than ever to passing the landmark crypto…
— David Sacks (@davidsacks47) December 18, 2025
The digital asset market structure bill has been a priority for the Trump administration as it seeks to create regulatory clarity for the crypto industry.
The Senate Banking Committee previously targeted a December markup of the bill but decided this week to delay it to early 2026.
Senate Democrats reportedly held a private meeting to discuss a GOP compromise proposal for a crypto market structure bill and contemplate a potential counteroffer. The proposal was introduced by Scott’s team.
CEOs from Citigroup, Bank of America, and Wells Fargo also met with lawmakers to discuss legislation.