TLDR
The Senate Banking Committees crypto market structure markup is scheduled for 15 Jan at 3:00 pm (UTC), 10:00 am (ET), per an official notice and reporting. See the date in a policy report here and the time noted here.
- The Agriculture Committee is aiming for a related markup around 15 Jan with only 24 hours notice required, per a committee update here.
- Key deadlines: managers amendment by 12 Jan and member amendments due 13 Jan, confirmed here.
- Some senators may seek a short delay to secure bipartisan terms, as noted here.
Deep Dive
1. Banking Committee Timing
The Banking Committee plans to mark up the Digital Asset Market Clarity Act on 15 Jan at 10:00 am ET. That is 3:00 pm (UTC) for global reference. The date is corroborated in a policy report here and the committee time is cited here.
If you track U.S. regulatory catalysts, the 15 Jan session is the first formal step where language can be amended and advanced toward a floor vote.
2. Agriculture Committee Coordination
The Agriculture Committee is preparing a parallel markup focused on CFTC jurisdiction, with only 24 hours notice required. Coordinated progress across both panels is needed for a coherent framework. This planning detail is described here.
- The dual-committee approach splits SEC and CFTC sections to align oversight.
- Coordination helps avoid conflicting definitions across securities and commodities.
- Any delay in one panel can ripple into the others timeline.
3. Procedural Deadlines And Potential Slippage
Procedural markers include a managers amendment by 12 Jan and member amendments due 13 Jan. Those specifics are noted here. Some negotiators have signaled a willingness to postpone briefly to secure bipartisan support, which could shift timing by days. That possibility is reported here.
Expect a concentrated window for changes to bill text. If talks extend, a modest delay could occur, but the mid-January target remains the working schedule.
Conclusion
Senate committees are targeting 15 Jan as the key markup date for crypto market structure, with the Banking panel at 10:00 am ET and the Agriculture panel preparing in parallel. The session opens the path for amendments and a committee vote, but last?minute negotiations could nudge the schedule slightly. For planning, treat 15 Jan as the primary catalyst date and watch for any same?week rescheduling notices.
