Senators Meet to Discuss Crypto Market Structure Bill
According to Punchbowl News reporting, a bipartisan group of U.S. Senate Banking Committee members met Tuesday to discuss crypto market structure legislation.
What's the Scoop
- Market Structure Progress: Senator John Kennedy is quoted as telling reporters that a crypto market structure bill markup will happen next week. “My understanding is that the chairman is gonna have a vote, come hell or high water, on Thursday for the next week,” Kennedy says.
- Something Written: Punchbowl News reported that Senator Cortez Masto exited the meeting with a binder labeled "Market Structure Draft." Senator Masto confirmed the market structure had bipartisan influence, a welcome sign of mutual crypto legislation cooperation from both sides of the aisle.
- Next Text: A refreshed version of the bill is expected to be shared ahead of the January 15 markup. The last publicly available text (now several months old) is unlikely to reflect current negotiations.
Most days, when I write “if you squint, there are signs of XYZ,” I’m speaking figuratively. Today I meant it literally, courtesy of binder held by Sen. Cortez Masto (D-Nev.) labeled “Market Structure Draft” https://t.co/WLOenS8IG0 pic.twitter.com/c1qtbIfCba
— Brendan Pedersen (@BrendanPedersen) January 6, 2026