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Senate Agriculture and Banking Committees to hold markup on digital asset legislation on January 15
Key flashpoints include Trump’s crypto business ties and whether stablecoin providers can offer yield programs.
The US Senate Agriculture and Banking Committees will both hold Jan. 15 markups on crypto market structure legislation that aims to clarify regulatory frameworks for digital assets, defining roles for both the CFTC and SEC.
If approved by both committees, the bills would be reconciled and coordinated with the House-passed CLARITY Act before heading to President Trump.
Lawmakers are also expected to debate Trump’s crypto conflicts of interest and rules for yield-bearing stablecoins, which banks oppose due to fears of losing deposits.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.