🚨 Crypto Bill Delayed Again! Senators Play Political Jenga 🧱💸

by

The long-suffering crypto market structure bill, once pinned to Jan. 15 like a moth to a flame, now dangles in the void until January’s final breath. Why? The Senate Banking Committee, that paragon of bipartisan unity, requires more time to stitch together an agreement that could collapse under its own ideological weight. Wyoming’s Cynthia Lummis, ever the tragic heroine, declared the bill’s text “ready,” while pleading with Democrats not to “delay further”-a request as likely to succeed as a snowman at a sauna.

Voting on Crypto Market Bill Delayed Further

The US Senate, in a masterclass of bureaucratic theater, postponed its markup meeting from Jan. 15 to January’s last gasp. John Boozman, Agriculture Committee chairman and a man who probably believes bipartisanship is a type of kale, affirmed:

“I remain committed to advancing bipartisan crypto market structure legislation. We’ve made meaningful progress and had constructive discussions… as we work toward this goal.” One imagines him sighing deeply, like a character in a Dostoevsky novel, while eyeing a coffee cup with existential dread.

To finalize the remaining details and ensure the broad support this legislation requires, additional time is needed before moving to markup. The committee will mark up this legislation during the last week of January.”

Market experts, those seers of digital finance, note the delay reveals lawmakers’ fear that the bill might die a lonely, unloved death without Democratic senators’ approval. Rushing it forward would be as wise as sending a toddler to negotiate with a bear. 🐻💥

The Senate Banking Committee, guardian of securities-related crypto regulation, now must align with Agriculture-two committees waltzing like mismatched sock puppets. For the bill to survive, it needs 60 votes: a number as elusive as a Bitcoin halving profit. 🤑

Not really. The bill needs Democratic votes to pass the full Senate or it’s essentially DOA. With only 53 GOP senators, Senate rules require 60 votes (a 3/5 majority) to reach cloture. Boozman and Booker are likely weighing a higher chance of clearing the Senate against the cost…

– Eleanor Terrett (@EleanorTerrett) January 12, 2026

Crypto Industry Stands on Sidelines

The crypto industry, that beleaguered troupe of digital alchemists, waits on the sidelines like spectators at a never-ending opera. In November 2025, 66 organizations begged the Trump administration for clarity-a plea as hopeful as a gambler asking for a royal flush. Meanwhile, Coinbase, that titan of crypto exchanges, frets over staking rewards on stablecoins, while Lummis implores Democrats to “not retreat from our progress.” Her words echo with the desperate charm of a car salesman in a post-apocalyptic wasteland. 🚗🧟‍♂️

“After months of hard work, we have bipartisan text ready for Thursday’s markup. I urge my Democrat colleagues: don’t retreat from our progress. The Digital Asset Market Clarity Act will provide the clarity needed to keep innovation in the US & protect consumers. Let’s do this!” she wrote.

Read More

2026-01-13 14:54