U.S. Senate Back to Crypto Talks as Industry's Make-or-Break Bill Faces Time Crunch

Source: CryptoNewsNet Original Title: U.S. Senate back to crypto talks as industry’s make-or-break bill faces time crunch Original Link: U.S. senators met Tuesday to begin talks again on the crypto bill that will set the market structure for digital assets, according to people familiar with the situation, though no further accords have been announced on the several points of debate between Democratic and Republican negotiators.

One of those meeting today, Senator John Kennedy, told Punchbowl News that the chairman of the Senate Banking Committee, Tim Scott, was planning for a bill markup next week on January 15. The committee would likely have to release an updated draft bill before the markup, but the latest draft was shared months ago.

After months of back-and-forth that failed to reach a finished product in last year’s congressional session, the process begins anew for 2026, though lawmakers face a constrained and politically perilous calendar. Members of the Senate have been tussling over President Donald Trump’s Venezuela actions, and they have a few weeks to meet a January 30 deadline for a federal spending plan that can head off another government shutdown, but crypto remains in the mix as another congressional priority.